NZDUSD wave signals
New Zealand Dollar/U.S. Dollar FX:NZDUSD
I don’t normally trade the NZDUSD but the chart looks very clean we the Pro-Trading System on it. Started to nibble on the short side today. I know the Dollar is playing out a 4th wave retracement and so we should be seeing the NZDUSD pushing higher but, we are I think this could be a good area to enter. Stop placement wouldn’t be so far away and the reward would be down at wave 5. So good risk reward .
I don’t know how to put videos on here because I wanted to show you why and how I took 100 points out of oil this morning.