On the NZDUSD the price has broken the bearish trendline. Now expecting a hit back at the trendline and move up again from there. We also have a bat pattern completion there. Entry: 0.72755 Stop: 0.72579 Target: 0.73134 = R:RR 2.15
Have you looked at the MACD on 1 hour 2 hour and 4 hour plus the 8 hour pin bar all showing decisive action to short, any explanation why those would not be taken into account ???
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@tntstockpicker, I don't really pay attention to any indicators.