NZDUSD: Sell Opportunity

2019-11-22 14:21:24

The daily timeframe allows us to sell. The 1H chart can provide a sell opportunity if the price breaks the local uptrend line and moves below the local swing low.

Entry Point: below 0.63975
Stop Loss: above 0.64115
Take Profit: at 0.63685

Risk per trade must be no more than 1% of your capital. If the price moves above the local swing high and 0.64100, probably it will be better to search for a new trade opportunity.