Interesting form on NZDUSD
- 99% Cup and Holder pattern (4H-daily tf)
- S&D area at 0.67300-0.67850, hit twice
- Candle form now forming a pattern of "handle", ready to go up and retest resistance in S&D area, entry now with TP at S&D area, or wait for breakout. Otherwise it's sideways and waiting for more confirmation.
Personally, I will take entry right away when market open with close SL at 0.65800, and TP 0.67500
- 99% Cup and Holder pattern (4H-daily tf)
- S&D area at 0.67300-0.67850, hit twice
- Candle form now forming a pattern of "handle", ready to go up and retest resistance in S&D area, entry now with TP at S&D area, or wait for breakout. Otherwise it's sideways and waiting for more confirmation.
Personally, I will take entry right away when market open with close SL at 0.65800, and TP 0.67500
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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.