stockmarketdaytrader

Important break to short

Short
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
8
We have a very long trend line thats about to get broken, this is very important because its a very long trend line that price action abides by! Head and shoulders are in place, this is very good opportunity to sell this trade! All the technical's are confirming a move lower. 15 min chart has just formed railway tracks which sounds of a lower move! Sell this trade now!!!!
Comment:
Definitely not for the faint of heart, but, if you know whats happening, there is nothing to worry about. It was just a retracement to test the broken level, price action got denied by a previous strong resistance, and will now continue the move down, on a such long trend line, price action must cover some distance, and the break that it did, was just a small move, so it must continue to more down!

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