NZDUSD forming complex patterns
NZDUSD has formed a falling wedge within a big rising wedge, in terms of a longer time frame it will drop nicely but in terms of shorter it will continue rising for a bit because of a falling wedge, so, shorting is in favor when the falling wedge pattern got finished.
NOTE: Always DYOW, and trade your own personality, don't forget to place a stop loss also.
NOTE: Always DYOW, and trade your own personality, don't forget to place a stop loss also.
Trade active
It gives confirmation by breaking the two wedges, The trade is in!
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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.