NZDUSD GOING SHORT
confluences:
1)trend: downtrend,(red over blue )
2)area of value : major level of support and resistance , fib reversal at 38.2 .
3)entry trigger : price currently had a break and retest the zone , and show a sign of the three black crow.( on the 1hour timeframe )
note: waiting for price to form a lower low before entering the trade ,news (nzdusd will suffer further weakness in the next few week)
1)trend: downtrend,(red over blue )
2)area of value : major level of support and resistance , fib reversal at 38.2 .
3)entry trigger : price currently had a break and retest the zone , and show a sign of the three black crow.( on the 1hour timeframe )
note: waiting for price to form a lower low before entering the trade ,news (nzdusd will suffer further weakness in the next few week)
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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.
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.