It seems that NZD is in a large diametric pattern, and wave F has now approached the supply zone in terms of price.
From one of the two yellow circles, the price can move toward the green zone.
The entry zones are the yellow circles, and it’s better to enter using DCA.
The targets are also marked on the chart; break even on the first target.
A 4H candle closing above the invalidation level will invalidate this analysis.
invalidation level : 0.59151$
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think NZDUSD is bearish?
From one of the two yellow circles, the price can move toward the green zone.
The entry zones are the yellow circles, and it’s better to enter using DCA.
The targets are also marked on the chart; break even on the first target.
A 4H candle closing above the invalidation level will invalidate this analysis.
invalidation level : 0.59151$
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think NZDUSD is bearish?
Trade active
The second scenario played out NZDUSD hit the red zone and has dropped more than 64 pips so far.
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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.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
⚠️ Only important signals are posted on Telegram.
⚠️ Only important signals are posted on Telegram.
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.