NZDUSD (short)

Trade Analysis

Reason For Entry:
- The brake of 1H ascending trendline
- The brake of 20 EMA
- Head and shoulder pattern
- Bounce off of 1H resistance
- .382 Fib retracement

Reason For Stop-loss:
- Above the head of head and shoulder pattern
- Inside ascending 1H trendline
- Above 1H resistance

Reason For Target:
- Targetting lows