NZD/USD, DAY CHART, SHORT (2-JAN-2017)

Note:
Congratulations to those who follows our winning trades
on this pair last few weeks.
Again, the price having correction as per our prediction previously.

Now, we have 2 trading plans for this:
1. The price pullback to both the resistance zone and
20-EMA, followed by a bearish signal. A good signal to
short with right risk amount.
But caution on the 1st opening week on forex market
behaviours.

2. When the price breaks the immediate support line,
we can look for opportunity to short again.

Trade ativo:

Short now.

EP: 0.69202
SL: 0.70566
TP: 0.67189

Trade ativo:

After the release of NFP on last friday, we see the strength of USD was strengthened.
The price even break the strong support level at 0.698x.

We can accumulate our short position when there is weak pullback to 0.698x level followed by a strong bearish signal
Or when there is another bearish signal to confirm the downward move!

Trade fechado: stop atingido:

Due to the anticipation of Trump's speak, we see volatility on US dollar pairs.
And our NZD/USD was hit the SL.

We will keep monitoring the movement of USD.

Trade safely.