Amir_El_Araby
Short

Bears charging for decisive breakout

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Chart setups:
1- Bearish acceleration after putting in a reversal candlestick-shooting start- drawn on April 10.
2- Slant negative divergence formed on MACD .
3- Breakout below SMA20.
4- Strong bearish reversal affirmed by Vortex .
5- Parabolic SAR signals a new trend coverage.
Trading Strategy:
Place a sell stop at 0.8535 with targets at 0.8320 -61.8% Fibonacci- of the wave from 0.8502 to 0.8747 and place stop loss 30 pips above SMA20 at 0.8660.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out