UP trend at the 4h time frame which reach the resistance level of a down canal at the 1d time frame specially with a nice divergence on the RSI indicator , all this giving us a first signal to SELL NZD against $ , waiting for confirmation by breaking out the UP canal or forming a reversal pattern or even a strong red candle is a good second signal to confirm our sell idea , crazy trader can open since now to profit a good R/R by putting a SL above daily resistance ...
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.