andybarbeler
Short

Trendline Break and Retest Rejection Play

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
FOLLOW FOR DETAILED TRADE PLANS OF MAJOR FOREX PAIRS

Bias - Short

Type - Trendline break and retest rejection

Evidence -
(1) Clear LH connecting a bearish trendline
(2) A repeatedly touched daily bullish trendline , where price will likely move to again.

Method -
Wait for a break of the minor bullish trendline (green dotted line), and entering a retest close to the trendline forming a new LH where you stop will be just above.

FX:NZDUSD
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