Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDUSD has been trading inside a big range between 0.587 and 0.605 and it is currently sitting around the lower bound so we will be looking for buy setups.
NZDUSD is in the making of a potential double bottom pattern, but it is not ready to go yet.
๐น For the bulls to take over, we need a break above the gray neckline at 0.5932
Meanwhile, until the buy is activated, NZDUSD can still trade lower.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDUSD has been trading inside a big range between 0.587 and 0.605 and it is currently sitting around the lower bound so we will be looking for buy setups.
NZDUSD is in the making of a potential double bottom pattern, but it is not ready to go yet.
๐น For the bulls to take over, we need a break above the gray neckline at 0.5932
Meanwhile, until the buy is activated, NZDUSD can still trade lower.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT