Based on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend.
Furthermore, the Relative Strength Index (RSI) does not show any divergence currently.
I recommend taking a long trade with a risk/reward ratio of 1:1
Please note that this is my personal analysis and trade plan,...
potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
good morrning all as we see nzd/hkd in support level in 4h timeframe best opportunity to buy in this level to hit target tp = 4,5417 and maybe more
dont forget to give us your idea in comment
Hi subscribers.
at the beginning of the month,
the price began to rise,
then reaching a key level,
the price fell again and will continue to do so to the support level.
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Hi subscribers!
Exactly 2 months ago, the price was at the resistance level,
after which the price began to fall steadily down in the falling channel,
which means that the price target is at around 4.80000. Good luck.
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Hello dear subscribers!
Consider the very rugged NZDHKD currency pair.
In this graph, a cup with a handle is clearly visible.
this means that the price is likely to go up!
Good luck to you!
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