Get started
EliteTradingSignals

NZD/USD BEARS ARE GAINING STRENGTH|SHORT

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
EliteTradingSignals  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns NZDUSD short SELL trading Bearish Patterns Forex forecast techincalanalysis Contains image
3
1
trendanalysis waveanalysis chartpattern nzdusd short sell trading bearish forex forecast techincalanalysis containsimage
snapshot
Hello,Friends!

NZD/USD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 0.586.

✅LIKE AND COMMENT MY IDEAS✅
✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact

Related Ideas

EliteTradingSignals
EUR/AUD BULLS ARE STRONG HERE|LONG
EliteTradingSignals
USD/CHF SHORT FROM RESISTANCE
EliteTradingSignals
AUD/USD BEARS WILL DOMINATE THE MARKET|SHORT
EliteTradingSignals
US30 SENDS CLEAR BEARISH SIGNALS|SHORT
EliteTradingSignals
USD/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
EliteTradingSignals
GBP/USD BEARISH BIAS RIGHT NOW| SHORT
EliteTradingSignals
USOIL BEST PLACE TO SELL FROM|SHORT
EliteTradingSignals
CHF/JPY BEARS ARE STRONG HERE|SHORT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.