Art-of-FX

NZDUSD rolling over after surge

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
1
I posted this chart at the print of the last monthly, I had a feeling leaving such a nice candle we would get a nice big move back up to scare away all the shorts, however keeping the stops above the previous monthly candle would have kept you safe in this position. After a trend line is currently on the verge of breaking at this moment on the lower time frame, I will add into this already ripe position.
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