NZDUSD short
we can see a descending triangle forming after price hit a major level of resistance that in the past caused a massive drop even though price was above 200 MA. this may be risky because were still in an uptrend but in this example I'm putting patterns and resistance levels over long term trends. also fundemental analysis that Biden has won the race so I predecit a shorting of the dollar.
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.