The Perfect SetUp. Short NZDUSD!

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
43 1 0

UPDATE 1: Stopped out

This is an example of a perfect setup for me. Its really simple but it works.

We have a clear structure ( lower highs - lower lows ) and when the price retest the previous structure level (resistance) we have a huge rejection. My experience says that price will arrive previous low with about 65% winning rate.

Now I am waiting for the creation of new lower low.

Risk Limit - 2% balance
Risk/Reward - 2

Lest see what happens. Best of luck!

UPDATE 1: Stopped out
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