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rjdyerz
Sep 27, 2016 2:56 PM

NZD USD Short Update Short

New Zealand Dollar/U.S. DollarFXCM

Description

Price has decided to form an ABC pattern to look for sellers at the top. If price can break my channel to the downside, followed by a correction, I will still be in to the 0.7082 target.

WAIT until price action proves this.

Trade active

Trade triggered. I'm in.

Trade closed manually

Closed trade at 0.7249 for a profit of 35 pips. I would keep this trade going to the target but today is a major fundamental event for the USD. I prefer to stay flat.
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