Hi traders,
This analysis is purely technical. A break down of the order block down below opens up a BIG BIG gap down. MACD on the monthly is about to cross. Also worth noting that on the monthly chart we retraced on the 0.5 FIB extension pretty perfectly.
Here's what I'm thinking :
NZDUSD SHORT
ENTRY : 0.6917
SL : 0.69952
TP : 0.66659
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
This analysis is purely technical. A break down of the order block down below opens up a BIG BIG gap down. MACD on the monthly is about to cross. Also worth noting that on the monthly chart we retraced on the 0.5 FIB extension pretty perfectly.
Here's what I'm thinking :
NZDUSD SHORT
ENTRY : 0.6917
SL : 0.69952
TP : 0.66659
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Trade closed manually:
Closed when we saw DXY breaking its uptrend channel yesterday.
We banked around 40 pips
We banked around 40 pips
