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Art-of-FX
Nov 14, 2016 9:00 AM

NZDUSD rolling over after surge Short

New Zealand Dollar/U.S. DollarFXCM

Description

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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