Art-of-FX

NZDUSD Retest ready for shorts

Short
Art-of-FX Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
14
This is a classic wedge retest on a daily timeframe, retest and candle hat did the retest are both fantastic. Depending on the opening price action I will look for another short opportunity.
Comment:
If the 4 hour prints like this, it will be a good area to try a short. Can stop over the 4 hour or previous high for minimum risk and a great RR possibility
Comment:
Depending on the daily candle close this could offer an attractive short. Ill be watching candle at closing time.
Comment:
Thai setup has become extremely desirable with the weekly time frame on a wedge overthrow to the topside and even though not printed, the weekly candle is looking delicious.
Comment:
This*
Comment:
I made a new chart to keep the idea fresh. As expected the NU has presented several extremely good selling opportunities now.
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