NZDUSD: Renko System Is Signalling A Sell

Comments on the chart.
While I am live trading this one it is with a reduced trade size as I am still in practice mode with Renko bars.

Kommentar:

Price is still falling. By the way there is a common strategy in Renko where, like in this instance, the market is sold when there is 2 clear closed candles of the opposite color. This is the scenario here.

Kommentar:

Market moved down so idea is still in play