NZDUSD: very nice shorting opportunity Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Aug 6, 2015 6:53 AM

FX:NZDUSD

We have very nice formation:
1. Bearish cypher pattern, completion @0.6587
2. In addition we have a forming channel exactly at the cypher completion zone.
3. There is a strong structure resist at X leg.

P.S Watch out todays news.

Wish you a good trading day.

USD (US Dollar)NZDUSD short SELL structure Parallel Channel Parallel Channel Cypher Harmonic Patterns

Comments

John.J1

⋅ Aug 6, 2015 6:56 AM

Thx for idea. really good opportunity