The808Trader

Sour Kiwi? - Ichimoku NZD/USD Short Trade Setup

Short
FX:NZDUSD   Dollaro neozelandese / Dollaro
The Kiwi has been in a nice bearish trend here and it looks to be holding. I am looking to hop in the bearish trend here for a continuation setup. There are two ways to enter this one but I've drawn the one that is waiting a little longer for confirmed moved down, which is where I've drawn out my trigger for entry. As an alternative we can watch for a drawback up to kijun sen and enter off if we see a rejection. This setup also comes after last week's bullish attempt was invalidated and failed. I've marked a longer term swing target as well as some partial profit levels to aim for a long the way if we get the breakdown we want. If we fail to break lower or end up breaking through to the upside, this setup may become invalidated. 

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.