NZD Short at a Level of Structure

Looking at this level for a short on the NZDUSD 60m. We haven't gotten a confirmation for entry yet but this may be an area to look for a double top or a 3 bar reversal if you're aggressive. Setting up for a pretty decent reward to risk with just over 2.5/1.

-Raymond Jeffries

Kommentera:

News spike on Fed Powell this morning spiked this one. Depending how you trade news announcements you may have been out prior.