NZDUSD SELL CONSOLIDATION PLAY TO .6500 AREA MARKET SELL

Previously, there was a triangle that has been formed and broken to the downside. It has not fulfilled the projection of where it will go around the .6420 area. Since then the NZDUSD BULLS has testing and failed the .6720 area and has broken a counter trend line, there is a MARKET SELL chance right now if you are viewing this STOP should be place above the sub resistance at .6795 with a target at the support at .6520 as tp1 and the potential of moving lower to the 1.27 to the .6420 area.

If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time.
What are YOU fighting for?

Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.

İşlem aktif:

Market is moving to the downside as expected look to find a high price on the 2hr chart to place a second trade. Furthermore look at trading NZD weakness as it as shown to have momentum to the downside