NZDUSD Buy trade opportunities
NZDUSD it's recently closed above the short-term resistance line its a good opportunity to take a long to the next resistance as we mark in the chart
Always Use Stop Loss
NZDUSD Buy trade opportunity
NZDUSD has been re-test the support line with a very Strong Bullish Pinbar candle and it has also made a Head and Shoulder Pattern. it is very good opportunity to take a long trade
‘Always trade with Stop Loss‘
We can see the trend has exhausted and a head and shoulder pattern is formed.
The breakdown has already happened, but wait for a retest if the SL is out of your risk limits.
Cheers.
The weekly right side is down against the 7/27/17 highs at .7557. The daily right side is down against .6758 from 12/31/19. The 4 hour right side is down with a bearish sequence & the hourly is turning down against .6130. While below there the pair can continue lower again.
