Hey y'all as we can see a Bearish Rising Wedge has formed and now we can expect for a long bearish move. Let's see... Follow me for any update on this idea and other ideas to.
Price trading inside a channel and presently forming a triangle pattern inside the channel. One can expect a small rejection as the price reaches the top of the triangle. One can go long when price reaches the channel bottom for the target of channel top with small stop loss or wait for the reversal confirmation before going long.
from resistance highly potential move in next trading days
Trading Strategy
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6865). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Looking for the candle to break the small trend after that the resistance at level 0.66688 and go short for the level 0.65790 and stop loss at 0.66849
NZD/USD : nzd/usd is currently going to sell down for beyond the technical analysis NZD/USD sell dow REASONS : 1. overall trend & current trend sell down 2. rising wedge pattern also formed
NZDUSD Technical Analysis Sell Limit @0.668 SL @0.6735 TP1 @ 0.6575 TP2 @ 0.6510