Fxprotrader

NZDUSD: Pending Bearish Cypher at Key Resistance

Penjualan
FX:NZDUSD   Dollar New Zealand / Dollar AS
Cyphers keep appearing in the USD related markets, with this one completing at a key resistance level - the quartile of a descending median line set.

Setup: Sell
Entry: 0.69370
Stoploss: 0.69743
Profit targets: 0.68779, 0.68339

In case price reaches the first target we move sl at breakeven to the second position

Trade with care,
John

DISCLAIMER: You are solely responsible for your trading. The possibility exists that you could sustain a loss in excess of your initial investment.

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