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Trading idea for the NZD/USD pair.
The dollar, which has gone through all the instruments, remains to be the most overbought one, following its powerful momentum yesterday. And oddly enough, it is the NZD/USD pair. We have already made an attempt to catch the second wave of a fall on it and now, the market is giving very good prices for shorts:
As a matter of fact, we have a three-wave structure of the ABC, where wave A is a powerful short initiative of the end of September.
A very interesting circumstance is now emerging with a false breakout of the top of last week with a huge potential for sales.
This trading idea is presented in the framework of Price Action and Stop Hunt method.
Good luck in trading!
Díky analytickým přehledům společnosti InstaForex získáte plné povědomi o tržních trendech! Jako zákazníkovi společnosti InstaForex je Vám k dispozici velký počet bezplatných služeb umožňujících efektivní obchodování.
