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possible sell=nzd weakness
ZXY index reacted from the top of the channel and there is chance of move downside.
THIS IS MY BULLISH TREND CONTINUE IDEA. HOWEVER WAIT FOR COME KEY LEVEL AFTER HOW TO RESPECT TO KEY LEVEL AFTER TREND CONTINUE TO UP TREND YOU CAN ENTRY ,SO THIS IS MY OPINION ONLY .
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
HELLO TRADER'S THIS IS MY BEARISH TREND Analyze WAIT FOR PRICE TREND RESPECT IN PREVIEWS SUPPORT AND RESISTANCE ZONE AFTER TREND CONTINUE TO DOWNTREND MOMENT IM FOCUS .
Wait for price breakout support and resistance zone level .
this is my bearish trend idea. how ever wait for clear trend continue moment and wait for trend continue after can entry .this is my opinion not for any signal service .good luck.
nzd index waiting supply zone .
it will be bullish
nzd is a safe haven for safe haven
so what going to happen in the world
look for pull back to long
This is my analysis on zxy the New Zealand index
ASCENDING BROADENING WEDGE + HIT RESISTANCE
NZDINDEX SHOWING DROP
Ascending triangle + harmony + resistance
31 October 2020
ZXY is having a H&S Pattern?
We anticipate it to move lower in the next coming days.
Watch the resistance & support area for confirmation.