NzdUsd short Idea
Still waiting on NU to reach a prz level for this week
Current price action is at the 23.6% fib level and is showing signs of bullishness on lower time-frames.
We would like to see this pair present an opportunity half way through the week. A rejection off of the 38.2% fib level as well as broken structure is what we are looking for.
Ideally we would like to see a strong reversal signal from this level, an engulfing or star pattern would be perfect which would solidify a daily double top pattern.
Our targets will be the -27% daily fib level & Monthly support around 0.60000 and our long term target will be the weekly support around 0.54650
Still waiting on NU to reach a prz level for this week
Current price action is at the 23.6% fib level and is showing signs of bullishness on lower time-frames.
We would like to see this pair present an opportunity half way through the week. A rejection off of the 38.2% fib level as well as broken structure is what we are looking for.
Ideally we would like to see a strong reversal signal from this level, an engulfing or star pattern would be perfect which would solidify a daily double top pattern.
Our targets will be the -27% daily fib level & Monthly support around 0.60000 and our long term target will be the weekly support around 0.54650
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.