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hey guys,

I've just taken this short trade on NZDUSD.

reason:
the price has reached a key weekly/daily level

on 1H a descending triangle formed and this morning its minor support was broken.

I entered on retest based on 382 retracement of a minor leg.
stop placed above the last lower high within the triangle.
target 0.638
risk: 0.5%
Chart PatternsFibonacciForexnewzealanddollarNZDNZDUSDsignalsignalssignalserviceTrend AnalysisUSDDJ FXCM Index

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