NZDUSD
D1 - The price is moving in a downward channel and the 5th wave begins to form after the ABC correction. In continuation of the downward movement, you can wait for the target to the level at W1 - 0.57735
H4 - The price has broken through the lower trend line, forming a 3-wave structure, the target can be expected at the level of 0.59521
What can you expect?
You can consider entering from the current levels of 0.60873 with a target of 0.59521. Also, if you are considering an entry, you can wait for the correction on H4.
Cancel if the price breaks the trend line at D1 - 0.61761.
Short
Target 0.60409 - 0.59919 - 0.59521 - 0.58824 - 0.57735
D1 - The price is moving in a downward channel and the 5th wave begins to form after the ABC correction. In continuation of the downward movement, you can wait for the target to the level at W1 - 0.57735
H4 - The price has broken through the lower trend line, forming a 3-wave structure, the target can be expected at the level of 0.59521
What can you expect?
You can consider entering from the current levels of 0.60873 with a target of 0.59521. Also, if you are considering an entry, you can wait for the correction on H4.
Cancel if the price breaks the trend line at D1 - 0.61761.
Short
Target 0.60409 - 0.59919 - 0.59521 - 0.58824 - 0.57735
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.