NZDUSD H4 - Trendline Short Entry

ที่อัปเดต:
NZDUSD has been declining since the 4th of December. We've been steadily retesting previous resistances and creating Lower Highs and Lower Lows.

Current price aligned with the trendline , 200 MA, Resistance zone, 38.2% Fibonacci level, furthermore it is in a Bearish trend. If we see slow down of momentum of the bullish corrective movement and candle stick confirmations we will enter a Short Entry.

As always we have multiple targets.

Target 1 is placed at 0.67352
Target 2 is placed at 0.67063

Happy Trading

-Juff
ออเดอร์ถูกยกเลิก
Price stalled but didn't follow with any candle stick confirmations for a short entry.
Chart PatternsFibonacciFibonacci RetracementpriceactionanalysisTrend AnalysisUSD

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