NZDUSD Short: A game of rates.

What up, troops!?

For the same reasons as my last post, I have taken a short on the NZDUSD also.

On the technical side, the pair has reached the top of a declining channel and formed a bearish Shark . I already managed to get an entry at 0.729 after price hit the D point during the announcement of the US Fed decision rate last week. As always, for a shark pattern, take-profit level is 50% of the final wave, with a minimum 2:1 risk. In this case it's 2.32:1. Here's a better look at the channel!

Again, trades can be found on my trading view profile. The link is in my bio :)