NZDUSD MULTIPLE TIME FRAME ANALYSIS!
Monthly:
Price rejected the monthly high so we are expecting for price to reach a previous support.
Weekly:
Price is formign a H&S pattern and also a bearish W.
Daily:
In the daily time frame price is also forming a bearish W.
4H:
We should wait for price to change from bullish structure to bearish structure to look for an entry.
Price rejected the monthly high so we are expecting for price to reach a previous support.
Weekly:
Price is formign a H&S pattern and also a bearish W.
Daily:
In the daily time frame price is also forming a bearish W.
4H:
We should wait for price to change from bullish structure to bearish structure to look for an entry.
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Monthly: Weekly:
Daily:
4H:
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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.