NZDUSD: Fibonacci + Structure Based Short Trade

23 באוג׳ 2020

on Thursday NZDUSD broke below a 4H structure support.
the breakout is considered to be confirmed and on Friday the price retested the broken level.
Friday's high momentum bearish candle indicates the prevailing bearish sentiment.

on Monday the price will most likely keep falling!

those who will trade the market opening will have a perfect opportunity to sell the market.
in case of the absence of opening gaps, you can short the market on spot.

goal - 0.6502

good luck

24 באוג׳ 2020

הפקודה בוטלה

I don't like this morning's price action.
I closed the trade on BE.