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 ist aktiv:
Trade (bearish Has Been filled)
Trade geschlossen: Ziel wurde erreicht
