NZDUSD, MULTIPLE TIME FRAME ANALYSIS!
Updated
Monthly:
Price is rejecting a monthly high and we are expecting an inverse H&S formation.
Weekly:
Price is forming a H&S pattern and it already rejected the 61.8% of the weekly fib.
Daily:
We are waiting for price to come back to retest the white zone and then continue to
the downside.
4H:
We will be monitoring price action from a 4h perspective to look for a valid entry at the
zone of interest.
Price is rejecting a monthly high and we are expecting an inverse H&S formation.
Weekly:
Price is forming a H&S pattern and it already rejected the 61.8% of the weekly fib.
Daily:
We are waiting for price to come back to retest the white zone and then continue to
the downside.
4H:
We will be monitoring price action from a 4h perspective to look for a valid entry at the
zone of interest.
Trade active
Monthly: Weekly:
Daily:
4H:
Trade closed: target reached
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