NZDUSD: retest of "M" formation neckline
Monthly:
- though we have a bearish bias on the monthly,
- looking to capitalize on the retracement before continuing downwards
Weekly:
- weekly support
- "M" formation formed, on the weekly
Daily:
- same with weekly, only clearer
4hr:
- Entry
- minor head and shoulder pattern to show reversal
- entry on retest,
- 0.382 fib confluence
- though we have a bearish bias on the monthly,
- looking to capitalize on the retracement before continuing downwards
Weekly:
- weekly support
- "M" formation formed, on the weekly
Daily:
- same with weekly, only clearer
4hr:
- Entry
- minor head and shoulder pattern to show reversal
- entry on retest,
- 0.382 fib confluence
Trade active
Trade closed: stop reached
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