Topper-Signals

Possible Short on NZDUSD to validate resistance zone

Short
OANDA:NZDUSD   Dollaro neozelandese / Dollaro
I previously posted an idea of a potential short opportunity for the pair since it was en route to meet daily resistance zone at around 0.6152. Prices have proven reluctant to break past that zone. Therefore, an update of the idea seeing as we have formed a possible head and shoulders pattern for the pair. Thus, i will find a short opportunity at the break of the neckline and enter at the pullback. This will be a good opportunity to catch changing direction of the recently bullish pair. There is also a good risk-reward ratio for this trade. So let us look forward towards bagging some good profits,
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.