NZDUSD – SELL – 11th May 2020

NZDUSD – SELL – 11th May 2020 (Closed)

Good evening guys,

Technical setup here on the NZDUSD

We have just seen a lower high and a retest of the broken trend. We are now looking at a sell position with a stop loss above the swing high of 0.6175.

Trade setup: SELL Market Execution (current price 0.6127). Stop loss 0.6197 and take profit targeting 0.6000.

Stop loss: 70 pips

Take profit: 127 pips

 

Trade Setup
SELL - Market execution

Entry
0.6127

Take Profit
0.6000

Stop Loss
0.6197