MOVES TRADING: NZDUSD: SHORT

This trade shows how a MOVE starts from its early top/bottom. For more information look at my educational chart on CADJPY.

This pair has been MOVING UP since 6 days and we will see how we predict the next DOWN MOVE from its early TOP.

Reading the chart:
1- The chart shows that the dotted yellow, blue and green lines are upper the regular yellow, blue and green lines, which means that a Higher High might be printed by tomorrow's candle.
2- The chart shows that price is trading near a prior TOP (the upper two light blue line).
3- The chart shows that the UP MOVE is losing its momentum to the upside.
4- The chart shows that red trend line is now moving upper the regular green line which indicates that the DOWN MOVE is coming.

What to look for:
1- We are watching the dotted yellow line (tomorrow''s minor moving average).
2- We are watching the lower level of Friday's candle (lower level of the prior green box).

Key words:
If Sellers appear at the dotted yellow line and take control of this pair and push the price down side the dotted yellow line aggressively and make a new lower low of yesterday's candle, there will be a good chance that the current UP MOVE is ending and a new DOWN MOVE is starting.

I will start shorting this pair from the dotted yellow line and will add more if a higher high is printed.

To learn my definitions for MOVES TRADING, look at my educational chart on EURUSD .
To learn how a MOVE starts, look at my educational chart on CADJPY .
To learn the pullback and safe tradings, look at my education chart on S&P500 .
To learn the TREND LINE tool, look at my chart on SILVER.
To learn how we trigger a trade after testing a trend line , look at my education chart on USDCHF .
To learn scalping, look at this chart on GOLD.

MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.