Short setup on downward channel. TP set for Monthly PP

nzdusd

One thought on “NZD/USD Short Setup”

  1. Wayne McDonell - TradersWay.com says:

    Because of the 100% retracement from the last low, I would assume consolidation back near the support level. I would NOT assume a new lower low. according to Fibonacci analysis.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.