NZDUSD | Falling Wedge Formation in Shorter Time Frame..!! Long

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Aug 17, 2020 6:31 AM

#NZDUSD (Update)

In 1h Time Frame, NZDUSD Has been Forming Bullish Wedge Pattern. (Possibility of Upside Breakout)

Expecting Upside Wedge Breakout in next few hours So Keep Your Eyes on it.

In Case of Breakout, Target Would be Major Resistance Area (0.65780), +40 PIPs Movement.

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Comments

AdamEiseman

⋅ Aug 17, 2020 5:03 PM

great chart

Faibik

⋅ Aug 17, 2020 5:15 PM

@AdamEiseman thank you

John_Moree

⋅ Aug 17, 2020 10:41 AM

Good idea

Faibik

⋅ Aug 17, 2020 12:24 PM

@John_Moree thanks for appreciation

Fx_Trader_ViSa

⋅ Aug 17, 2020 7:43 AM

that nice valid pattern...i see a descending triangle pattern at end and downside ....you looking at upside...lets see as we are now in different boat.

Faibik

⋅ Aug 17, 2020 12:25 PM

@vivek_samale thanks for sharing your opinion here