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Yemi_Fx1
Mar 9, 2023 7:54 AM

Yemi_Fx1 | Short for NZDUSD Short

New Zealand Dollar/U.S. DollarFXCM

Description

Price is in a consolidating phase in the form of a bearish flag pattern. If the pattern holds there will be a continuation for price movement to the downside. So,
I'll be considering
  • A Risk entry type at the top of the bearish flag structure at an area of value.

  • Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.


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