The NZDUSD downward spiral
New here. First published chart idea. Just a simple one showing how I plan to play my NZDUSD trade.
Entered short at 0.687 and planning to simply follow the arrow to my first 'checkpoint'. From there I may add a small long position to follow the more transparent arrow, while leaving my short in play.
Ultimately my long term aim is to follow this pair all the way down to 0.625. So I may update as it progresses.
Happy trading everyone.
Entered short at 0.687 and planning to simply follow the arrow to my first 'checkpoint'. From there I may add a small long position to follow the more transparent arrow, while leaving my short in play.
Ultimately my long term aim is to follow this pair all the way down to 0.625. So I may update as it progresses.
Happy trading everyone.
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