piphunters
Short

NZDUSD: Sell breakout

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
1444 16 49
The pair has broken out of the daily corrective structure after reaching the weekly top and it looks good to short the pair towards the bottom of the weekly corrective structure and then anticipate a larger degree breakout to the downside and resumption of the down trend starting with an impulse.
Comment: IMPORTANT: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
Comment:
snapshot
Comment: short opportunity
agree
Reply
thanks!
+1 Reply
snapshot
4h macd is a crap...big div cheers
+1 Reply
well it sure can go up a bit before resuming downside.
Reply
Don
same boat
+1 Reply
piphunters Wave-Trader
nice, thanks!
Reply
you are most welcome bro
Reply
piphunters Wave-Trader
hope you make some good profits on it
Reply
i am bearish on this pair right from the top and sold every time when price hit the new highs
Reply
piphunters Wave-Trader
great
Reply
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