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New Zealand Dollar / U.S. Dollar
Short

NZDUSD Sell Setup

80
on DAILY: NZDUSD is sitting around a resistance zone so we will be looking for sell setups on lower timeframes.

on M30: NZDUSD is trading inside our red channel and forming a head and shoulders pattern (not valid yet)

so we will be waiting for the right shoulder to form and then enter on the neckline break downward.

as usual, when the sell is activated, our stop loss would be just above the right shoulder.

Meanwhile, until the sell is activated, we would be overall bullish on NZDUSD

Good Luck!
TheSignalyst
Trade Made Simple
RichTL.com

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instagram.com/richthesignalyst

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Best CFD broker - Tickmill
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CFD Broker - TradeNation
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Also on:
breakoutChart PatternsForexTechnical IndicatorsnecklineNZDUSDrejectionreversalSupport and ResistanceTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
breakoutChart PatternsForexTechnical IndicatorsnecklineNZDUSDrejectionreversalSupport and ResistanceTrend Analysis
TheSignalyst
Trade Made Simple
RichTL.com

Instagram:
instagram.com/richthesignalyst

Telegram
t.me/thesignalyst

Best CFD broker - Tickmill
cutt.ly/TickmillReal

CFD Broker - TradeNation
cutt.ly/GrTivmRC
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.