Reasons to sell NZD/USD
• Price broke and closed below the 4HR trend line
• MAC (Moving average crossing)
• Rejected and broke daily supply zone
• Retested daily supply zone
• Inverted head and shoulders on the DXY (USD index)
Sell whenever price retests the 4HR trend line and rejects off the 38.2 fib level. If price doesn't retest the 4HR trend line or the 38.2 sell anyways and make sure your entry has the least bit of draw back. Always remember to use proper risk management.
• Price broke and closed below the 4HR trend line
• MAC (Moving average crossing)
• Rejected and broke daily supply zone
• Retested daily supply zone
• Inverted head and shoulders on the DXY (USD index)
Sell whenever price retests the 4HR trend line and rejects off the 38.2 fib level. If price doesn't retest the 4HR trend line or the 38.2 sell anyways and make sure your entry has the least bit of draw back. Always remember to use proper risk management.