NZDUSD - Potential Reversal Trade

New Zealand Dollar/U.S. DollarFXCM

描述

⋅ 2017年6月5日早上2點15分

Price is currently approaching the a key area between 0.7145 to 0.7220 where we have the following confluences -

1) A potential completion of an expanding flat structure
2) A potential completion of a shark pattern
3) A RSI divergence formed

All these gave us the opportunity to look for a potential reversal to the downside on the Kiwi.

What are your views on NZDUSD?

評論

Gold_Fish_Trading

⋅ 2017年6月5日下午1點36分

Hi Akyong, typically, where would your stops go ?

KarYong

⋅ 2017年6月5日下午5點36分

@Chinguyen, for the expanding flat structure, i will want to have my stops above the 200% fib level