NZD/USD 30-minute chart, here’s a breakdown of what the setup shows:
The chart depicts a downtrend, but price is currently forming a potential reversal from a support zone (the rectangular box at the bottom).
A downtrend line has been broken or is about to be broken to the upside.
The Ichimoku cloud (yellow area) is overhead — suggesting resistance near that zone, but also my target point is drawn above the cloud.
Current price is around 0.5709.
✅ My target (as shown on the chart):
The “Target Point” is drawn near 0.5750–0.5760.
So the likely target zone for this bullish move is:
👉 0.5750 – 0.5760
⚠ Trading notes:
A clear break and close above 0.5715–0.5720 would confirm bullish momentum.
First resistance: 0.5730
Final target: 0.5750–0.5760
A logical stop-loss could be below 0.5690, beneath the recent support zone.
The chart depicts a downtrend, but price is currently forming a potential reversal from a support zone (the rectangular box at the bottom).
A downtrend line has been broken or is about to be broken to the upside.
The Ichimoku cloud (yellow area) is overhead — suggesting resistance near that zone, but also my target point is drawn above the cloud.
Current price is around 0.5709.
✅ My target (as shown on the chart):
The “Target Point” is drawn near 0.5750–0.5760.
So the likely target zone for this bullish move is:
👉 0.5750 – 0.5760
⚠ Trading notes:
A clear break and close above 0.5715–0.5720 would confirm bullish momentum.
First resistance: 0.5730
Final target: 0.5750–0.5760
A logical stop-loss could be below 0.5690, beneath the recent support zone.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
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📲 Join telegram channel free .
telegram.me/addlist/LGOKg8UNFNQwMGI0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/LucasRobert05
telegram.me/addlist/LGOKg8UNFNQwMGI0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/LucasRobert05
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
