iggytay
Short

NZDUSD - H4 - SHORT

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
65 0 2
TDI             crossing at overbought levels and CCI showed a nice decrease in bull strength with an obvious bearish divergence. Perfect trade moment.

This pair correlates somehow with AUDNZD             of which im calling a long. Just nice, this pair gives me the confidence that AUDNZD             will recover.
Trade active
Comment:

Held on to my trade since friday, was a bad hit by the poor NFP result however, the retest of the bull channel trendline shows many sellers entering. If the trendline proves to be a good resistance, it is safe to say that the pair will resume back it's downtrend with a confirmation of bear bias.
Trade closed manually: Real bad loss on this. Sadly, the bet on the rate cut went wrong.

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