CollegeofPips

NZD/USD | Potential Downward Movement

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OANDA:NZDUSD   纽元/美元
💡 Trade Idea

📈 Sell Order NZD/USD @ 0.7036

🎯 Target Profit 0.6940

🛑 Stop Loss 0.7072

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:
The failed to probe above the daily resistance (blue line), and then posted a head and shoulders which indicates a potential reversal, plus we have a breakout of the bullish channel to the downside.

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