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NZX 50 INDEX
Short

NZX 50 INDEX (NZ50G) Trading Plan

314
snapshot

The Main New Zealand stock index reached a key structure level.
the price has already got rejected on a daily signifying the significance of the underlined zone for the market participants.

on 4H we see a narrow trading range with a potential lower high formation.

on focus in 10350 structure support.
in case of a bearish candle close below that, the index will drop
target levels will be: 9950 / 9450

good luck!
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Chart PatternsEquityfundamental-analysisindexesTechnical Indicatorsnewzealanddollarnz50StocksTechnical AnalysistradingTrend Analysis

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Chart PatternsEquityfundamental-analysisindexesTechnical Indicatorsnewzealanddollarnz50StocksTechnical AnalysistradingTrend Analysis
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.