New Zealand Dollar / U.S. Dollar
Short
Updated

NZD/USD SELL IDEA

253
Hey tradomaniacs,

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NZD/USD:Daytrade-Execution


Market-Sell-Order: 0.67720
Stop-Loss: 0.67865

Point of Risk-Reduction: 0.67595
Take-Profit: 0.67060

Stop-Loss: 14 pips
Risk: 0,5% -1%

Risk-Reward: 4,9

snapshot

BASED ON THIS:


NZD/USD Bearish BIAS👉 snapshot

1️⃣ Primary aswell as secondary trend is bearish
2️⃣ Choppy downtrend but without much of bullish momentum when USD suffers.
3️⃣ Re-tested resistance and supply-zone with rejection
4️⃣ Momentum to the downside occurring but needs to be confirmed
5️⃣ Risk-Off-Sentiment in the stockmarket supports bearish bias

Waiting for confirmation at sell-zone with the next retracement! ✅


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Peace and good trades
Irasor

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Note
TP missed by 0,7 pips and closed with +32 pips (+3,5%) ✅

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