FX:NZDUSD   New Zealand Dollar/U.S. Dollar
68 0 4
6 months ago
This setup tends to have a high probability. It's when we get 3 attempts to break recent high and we fail and form a 3 step like formation. This formation has typically given us a high probability of failure and resumption of the trend which we feel is bearish here on this pair. We have been short on this pair and this gives an opportunity to open a short position or add to your existing position.

This is just our opinion.

6 months ago
Comment: We are still holding our short position.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out