TradingView
Hoddgittoo
Dec 9, 2019 11:11 PM

NZDUSD, hello bears.  Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD, has been on a constant ascending channel since Sept. We can see how price has reacted to upper TL structure. Price broke above structure correctively, leading many to believe that this bullish run will continue, however, the impulsive move we just had that broke out of the ascending channel leads me to believe that a bearish run will begin. Great RR for this trade.
Comments
initialjie
bear trap comfirmed
More