NZDUSD 4H: Bearish Supply Zone

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Hello Trading Fam! 👋

The Trend: The price is trapped in a Bearish Channel (the two sloping green lines), meaning it is consistently making lower highs and lower lows.

The Plan: The chart anticipates a "pullback" or a temporary rise in price toward the orange Supply Zone.

It’s a "Sell the Rally" strategy. The goal is to wait for the price to get a little more expensive before betting that it will resume its fall

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Trade fermée: cible de profit atteinte
snapshot

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