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MoolahMaker
Aug 23, 2018 12:54 PM

50 Pips - NZD/USD Short Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZD/USD broke the 50 ema and is en route to breaking the 200 ema. Move is confirmed if current broken ema's keep acting up as resistence and 200 ema gets broken on the 30 min chart.

Comment

As we approach our TP, we could actually extend it to lower as the trend would have changed on the higher timeframes as well.

Comment

Trade closed and short term trade profit taken for now. I will open my next long term trade on this pair within the next 8 to 12 hours. Will keep this signal updated.
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