NZDUSD Prints A Sexy Bearish Swing Trade Signal

Ok finally the markets are dropping some good price action. Tonight I am looking at the NZDUSD here which has formed a setup which aligns well on multiple time frames.

A quick look at the weekly/daily chart and you should be getting some bearish vibes. The market is printing lower highs and lower lowers in a very well nice structured bearish trend.

This week the market retraced back up into an important weekly level, where we were on stand-by waiting for a bearish signal.

Price tried to breakout and rally in the Asia session but failed. This is a sign of weakness.

Now we’ve got a large bearish rejection candle sitting on the 4 hour time frame, which is basically the textbook perfect swing trade opportunity – old support is now new resistance.

War room members who have the MT4 Battle Station loaded on their charts should have just gotten the alert about the pattern.

I can’t fault this setup, so therefor I must pull the trigger and go short here. Let’s see how it plays out.


  1. Potter Tan January 6, 2017
  2. Steve Epperson January 8, 2017

Please Leave Your Comment Below...