NZDUSD: POTENTIAL SELL Zone Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Aug 27, 2020 5:53 AM

SIGNAL CONFIRMATION:
1. Price rejected R1 Pivot Level (PINBAR: indicates the start of a downtrend).
2. MACD shows DIVERGENCE between price action and volume.
3. OVERBOUGHT Zone.
4. Every IMPULSE to one side is followed by an opposite impulse.