NZDUSD scalp
Goooood morning guys!
NZDUSD has reached a daily and weekly resistance level. Higher timeframes show weakness in breaking through therefore, this is the first indication of a reversal. Secondly, the head and shoulders have formed on the lower time frame.
Further confirmations to take into account:
EMA'S
Stoch
RSI & divergences
Candle stick patterns
Potential news.
happy trading :)
NZDUSD has reached a daily and weekly resistance level. Higher timeframes show weakness in breaking through therefore, this is the first indication of a reversal. Secondly, the head and shoulders have formed on the lower time frame.
Further confirmations to take into account:
EMA'S
Stoch
RSI & divergences
Candle stick patterns
Potential news.
happy trading :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.