concept0007

hug that bear

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FX:NZDUSD   紐元 / 美元
4
If you look closely at the thick blue line thats the 200 day moving average and it was broken by the bearish movement same with the support line which was also broken as well....this will be a good sell setup and it also agrees with the weekly and 4hr time frames....be sure to place your stoploss right above the support line. The stochastic and rsi also serve as good indicators on the bearish movement to happen. The target i am expecting of course is 0.68132. however feel free to comment on this idea.
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