NZD/USD: Selling @ market price

٦ مايو ٢٠٢٠

Hi guys,

NZD/USD seems to show some weakness and volumes suggest it could potentially break lower.

Price is below EMA200 and its daily pivot.

I am shorting now at the market and I am targeting 0.60130 which is a fibo level.

*** Trade at your own risk ***

٦ مايو ٢٠٢٠

ملاحظة

*** Adding to my shorts ***

٦ مايو ٢٠٢٠

ملاحظة

٦ مايو ٢٠٢٠

ملاحظة

Volume broke on this candle.

Sell pressure should accelerate from here

٦ مايو ٢٠٢٠

ملاحظة

***UPDATE***

The pattern looks actually horizontal. Same target.

٦ مايو ٢٠٢٠

ملاحظة

Hoping for a pullback so that I can add some shorts, but It might go straight to the target

٦ مايو ٢٠٢٠

أغلقت الصفقة: تم الوصول للهدف

Target hit, I am done for today