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NZDUSD Bearish Sea Pony and Short Opportunity

Update: Levels to add short

NZDUSD Bearish Sea Pony and Short Opportunity

Instrument NZDUSD
Time Frame H1
Current Price 0.60500
Fundamentals Global Dollar Demand
Data to watch Nothing Particular
Technicals MM 4/8 H4
RSI Overbought
Main Trend Bearish
Direction in The Chart Up
Pattern/ Signal Bearish Sea Pony
Trade Signal Sell
Accuracy 76%
Backtest Performance / Levels
Total Patterns Found 34
Avarage Win 67%
R/R 1:5
Estimated Completion Time 8-16 H1 Bar
Entry 1 0.60500
Entry 2
Invalidation Level ( Stop Loss) 0.60900
Target 1 0.59000 / OK 150  PIPS
Target 2 0.58500
Target 3 0.58000
Note: TP1 ACHIEVED. WE WILL ADD SHORT AT THE BREAKOUT OF 0.58800

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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