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the Kiwi be trippin'

Hey, what's up. Well as you can see, the Kiwi, affectionate nickname for the NZD\USD has a very negative weekly chart.



Price is very close to breaking below the kumo cloud. The green line, known as the chinkou span is the current price shifted back 26 periods. We really need this to also be below the kumo cloud if we wanted to enter a short position based on this chart. Once that happens though, could TURN INTO A STRAIGHT UP BANK ROBBERY, WHATS UP!!!!!!!!!!!!

All other conditions for Ichimoku entry are present.

Will be keepin y'all abreast of my activities with this trick.


This post first appeared on Forex Thugs, please read the originial post: here

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the Kiwi be trippin'

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