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W4DL
May 14, 2019 4:59 PM

NZDUSD Downtrend Closing In Long

New Zealand Dollar/U.S. DollarFXCM

Description

It looks like the downtrend of the last weeks is coming to an end here.
We see the lower lows getting closer to each other instead of the bigger differences seen in the trend.
I'm trading this as shown with an entry right now.
Should be a small trade with a wider stop because of the wick seen last time, don't want that to happen and kick me out.


Thank you for reading!

Wesley

Trade closed: stop reached

Unfortunately the stop got reached, I’m going to see the next action before making a conclusion about what happened.

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