NZDUSD: Time for a short!

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
I think NZDUSD             is likely to selloff in the coming days. The price hit previous major highs and resistance area but failed to sustain and was rejected noticeably. We hit the upper side of the rising channel , meanwhile, RSI is showing a negative divergence.

I placed a sell limit order around 40 pips away, for a better risk reward. The retails sales numbers are coming in few hours and if good may help the pair retrace higher towards entry.

All my ideas are just my personal view. Trade Your own view.

I have no incentive to post if i don't get enough support from you. Likes and comment. Appreciate your support..
You can SKYPE me at : Technician - The Forex Channel
My Regards,
Comment: U.S. retail sales pushing the pair higher. We are few pips away from entry.
Comment: Pushing back lower, Missed entry for few pips
Comment: Bounced but could be a new opportunity to short.
Trade active
Trade closed: stop reached
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
seems ripe for another go at shorting mate.
Is it still active? Everything unchanged (in view of last movement)?
There was a nice waterfall pattern on the 15m-30m chart about 11 hours ago. I'm in and will be adding shorts if this gets legs. Lets see if the 78.6 fib repels the action
EdKunky EdKunky
Added more shorts at 7268
Just this minute sold at 0.7280, need the data overnight to be kind...
where is short nzdusd
Hi Technician, you move your initial stop loss? New stop @0.7358 to give space to bounce?
short now or wait for markt goes up?
jpctop prince125700
Looking his comment "Comment. Bounced but could be a new opportunity to short."
I just shorting me ^^ Good luck!
jpctop jpctop
I said nothing, I'm wrong! ^_^
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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