Bears takeOver
Good day traders, i hope you have all been well, lets get into it. As you can see on the chart above we have been following NZDUSD for the past months and we saw that price formed a Double Bottom on the H4 timeframe. Price then rejected our Double Bottom Neckline and was very bullish for days heading the resistance we have reached right now and i believe price will be bearing from anywhere around the current resistance. Find entries that accommodate your trading accounts. All the Best.
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.