Looking to Sell NZDUSD next week.
The Red Zone appears to offer future resistance so I will be looking for bearish signs at that level.
Bearish signs include divergence, trend line breaks from lower time frames, bearish candles, etc.
Targets are the green zones
If price does not respect the red area, then this ...
Buy in the buy zone
Look for confirmation to buy in the buy zone (bullish candlestick formation, divergence on lower time frames, etc).
Sell in the sell zone.
Look for confirmation to sell in the sell zone (bearish candlestick formation, bearish divergence on lower time frame, etc)
Looking to short NZDCAD after it broke two uptrend lines.
Sell Zone is between 0.94200 - 0.94600
Look for bearish signals on M5, M15 (divergence, bearish candle stick formations, overbought RSI, etc)
TP & SL on the chart