NZDUSD Analysis

Confluences to possibly go Short (sell)

1. Overall, we are in a bearish trend.
2. Created and holding this resistance zone very nicely. Forming triple-top. As well as holding the trend line to the downside.
3. In the Golden Zones (0.618 and 0.5)

Looking for a move to the downside, entered this trade on the 1hr timeframe because an engulfing bearish candle closure.

1R:4R

Happy Trading!