NZDUSD Ready for Bearish Momentum

٢٤ يناير ٢٠١٩

Based on timeframe analysis, this a intraday short trade centered around :

• Break of Structure on the H4, H1 and M15
  
• Test of a strong daily resistance level
  
• Bearish engulfing candlesticks showing a change in trend momentum
  
• Retest of the break of structure before continuation of new trend
  

I also showed my projected stop loss and take profit areas. Be sure to use proper money management when trading, its the most important part.
Happy Trading.
- Delroy