NZDUSD Analysis
Confluences to possibly go Short (sell)
1. Overall, we are in a bearish trend.
2. Created and holding this resistance zone very nicely. Forming triple-top. As well as holding the trend line to the downside.
3. In the Golden Zones (0.618 and 0.5)
Looking for a move to the downside, entered this trade on the 1hr timeframe because an engulfing bearish candle closure.
1R:4R
Happy Trading!
1. Overall, we are in a bearish trend.
2. Created and holding this resistance zone very nicely. Forming triple-top. As well as holding the trend line to the downside.
3. In the Golden Zones (0.618 and 0.5)
Looking for a move to the downside, entered this trade on the 1hr timeframe because an engulfing bearish candle closure.
1R:4R
Happy Trading!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.