NZDUSD short
Have had a bullish bias but, NFP happened today and the economic data was positive for the USD.
The fundamentals alligned with the technicals almost perfectly here.
Couple hours before news trendline was broken and retested.
Upon learning of positive data I placed a sell stop underneath a zone of support.
*Was a bit tied up and could not post upon entry, at the very least use this as a textbook example of a Trendline break and retest set up.
The fundamentals alligned with the technicals almost perfectly here.
Couple hours before news trendline was broken and retested.
Upon learning of positive data I placed a sell stop underneath a zone of support.
*Was a bit tied up and could not post upon entry, at the very least use this as a textbook example of a Trendline break and retest set up.
Penafian
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