NZDUSD PENNANT BREAK
Pair: NZDUSD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, support break, retest, pennant pattern break
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Key Takeaway: We have seen price break the pennant pattern to the downside and a bounce off of resistance trend line, we have entered short and are aiming for the next major swing low
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Level needed: need a close by 0.56670
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Trade: SHORT
RISK:REWARD 1:6
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, support break, retest, pennant pattern break
—————
Key Takeaway: We have seen price break the pennant pattern to the downside and a bounce off of resistance trend line, we have entered short and are aiming for the next major swing low
—————
Level needed: need a close by 0.56670
—————
Trade: SHORT
RISK:REWARD 1:6
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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