NZDUSD SHORTING Idea

由Hargo_FX提供
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We saw a nice daily pin bar rejection right on a long term down trend line after a few weeks of rallying up to it.
Shall be looking at lower tf for a nice signal entry to short and then shall be looking to put stop to break even when a 1:1 has been hit and take some profit, and then letting it run hopefully to the double bottom point where the last rally up began.
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we've seen a nice head and shoulder pattern break down on 1 hour time frame and i took the short on the high of the right shoulder. currently +47 pips in profit with my stoploss moved to break even. 18/12/2019
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