NZDUSD Bearish Setup.
Price has been Bearish Since 2014.
2015: Price Broke Key support Area
Price is Now testing Resistance.
3 Tests have Failed (September, November, Last Week.)
The reason For the Short.
- 200 EMA Respected
- 3 Test Failure
- Bearish Engulfing last weeks Candle, (Heavy Strength)
TP : 230 Pips from Current Price
SL: 70 Pips
If TP is met, Half Of position will be Closed and moving Stops to Break Even.
Ill let this one run Forever,
Let me know your thoughts.
2015: Price Broke Key support Area
Price is Now testing Resistance.
3 Tests have Failed (September, November, Last Week.)
The reason For the Short.
- 200 EMA Respected
- 3 Test Failure
- Bearish Engulfing last weeks Candle, (Heavy Strength)
TP : 230 Pips from Current Price
SL: 70 Pips
If TP is met, Half Of position will be Closed and moving Stops to Break Even.
Ill let this one run Forever,
Let me know your thoughts.
Trade ativo:
Trade (bearish Has Been filled)
Trade fechado: objetivo atingido
