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shambolicFX

NZDUSD - Analysis, potential 'Sell' order

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
shambolicFX  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Technical analysis - H4 and Daily time frames.

Key Indicators:

Signaling overbought, the market is showing possible bearish momentum.

- RSI

- Stochastics

- Bollinger Bands

- EMA 55

Candlesticks formation suggests a potential bearish reversal.

Take Profit: Rectangle area/zone.

PS: This is my personal trading strategy, backtesting results. Please adjust accordingly.
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