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InkyGrip
Aug 3, 2020 7:22 AM

USDNZD on a falling wedge? 🦐 Long

U.S. DOLLAR / NEW ZEALAND DOLLARICE

Description

USDNZD has found resistance on daily trendline and created a double bottom over it.
The market recently has been moving in a falling wedge formation and market found resistance on the possible break area around 1.51 area.
If the market will manage to break and close above the 4h structure we can set a nice long order according with our strategy.

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Follow the Shrimp 🦐

Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.

Comment

USDNZD currently breaking 4h structure. Everything as expected 🦐

Comments
FelainiM
Nice analysis. Thank you
InkyGrip
@FelainiM, thanks bro
ProjectSyndicate
looks good to me. appreciate your effort!
InkyGrip
@ProjectSyndicate, thanks mate
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