New Zealand Dollar / U.S. Dollar
Short
Updated

🇳🇿 🇺🇸 | NZD / USD — Descending Triangle

364
Hello!
Price of NZDUSD locked in descending triangle.
You can see it on chart.
We should give this triangle more time, so it can develop in something interesting, look at bigger scale:
snapshot

Seems like big player going to Distribute this position over next months.

Risk management highly recommended.
Always use stop loss to prevent yourself from losses.
Make sure you understand and afford the risk. Please.

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Order cancelled
Price didn't break the wedge so trade wasn't executed. Will look forward for new trade tomorrow

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