PriceActionTrading
Short

NZDUSD PIN BAR 50SMA. READ NOTE FOR MORE DETAILS.

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
122 1 2
SELL AT FORMER SUPPORT TURNED RESISTANCE.
CONFLUENCE :
50SMA D1
BEARISH PIN BAR D1
BEARISH ENGULFING BAR H4

NOTE:
H4'S 20SMA AND 50SMA ARE SIGNALLING BUY @ 0.7525
CONFLICTING SIGNALS BETWEEN H4 AND D1.
I RESPECT D1 MORE THAN H4 THUS I WOULD PREFER A SELL TRADE.
TREAD CAREFULLY.
price trading below H4 MAs currently.
D1 price closed below the 26 Feb bearish pin bar.
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