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Pisces_Investments

Possible Bearish Channel for Kiwi

Singkat
Dolar New Zealand / Dolar A.S. (OANDA:NZDUSD)  
Pisces_Investments  
OANDA:NZDUSD   Dolar New Zealand / Dolar A.S.
Supply and Demand Fibonacci Trend Lines
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supplyanddemand fibonacci trendline
Price appears to be making the retrace from a previous push up to the Supply zone. Bearish channel is not confirmed yet with touches but just an idea. Price is in a bearish landscape holing below the 200 EMA on the 4hr but above the VWAP holding as support. I am anticipating a short all the way back down to the Demand zone. Supply has a heavier presence vs. Demand and may also break through Demand support.






NOTE: This is not trading advice; trade at your own risk.
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