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NZDUSD: Waiting For Confirmation 🇳🇿🇺🇸
New Zealand Dollar / U.S. Dollar
Short
NZDUSD: Waiting For Confirmation 🇳🇿🇺🇸
By VasilyTrader
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Updated
Oct 26, 2023
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Oct 25, 2023
https://www.tradingview.com/x/RDEE3KSC/
I have perfectly predicted an intraday bearish movement after a breakout yesterday.
Analyzing a 4H time frame, we can spot an intraday consolidation now and a formation of a horizontal range.
The next bearish wave will be confirmed after a breakout of the support of the range.
4H candle close below 0.5808 will confirm a violation.
A bearish continuation will be expected to 0.8775 level then.
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Oct 26, 2023
Trade closed: target reached
Multiple Time Frame Analysis
newzealanddollar
NZD
NZDUSD
Parallel Channel
priceaction
priceactionanalysis
priceactionstrategy
priceactiontrading
Rectangle
VasilyTrader
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