Daily NZD/USD Short?

15 בינו׳ 2016

I can see many confluences giving me a bias to the downside. Here is my reasoning:

- Rejected @ 50% Fib Zone
- 200 EMA Acting as Resistance
- Monthly Support turning into Resistance
- 20/50 EMA rejected price
- Broke CTL Trendline + Weekly Support
- ABCD Play

Thank you and good luck.