NZDUSD
For the past few weeks NZDUSD has been very rangy and hasn't really showed any real sense of market direction to capitalise on.
However, we have a nice quick little short setup we at tips4pips keeping eyes on.
Price displayed a triple top formation at resistance + 200ema and also a false breakout of a major descending TL.
We was looking for a break of the CTL in which we got with price opening lower and we will now zoom into lower timeframes and wait for a concise entry which is #low risk high reward.
However, we have a nice quick little short setup we at tips4pips keeping eyes on.
Price displayed a triple top formation at resistance + 200ema and also a false breakout of a major descending TL.
We was looking for a break of the CTL in which we got with price opening lower and we will now zoom into lower timeframes and wait for a concise entry which is #low risk high reward.
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