Broke neckline. Will wait for retest and confirmation to go in short at supply zone.
Clear double top pattern forming. Will set a sell limit close to price action. Potential drop in the upcoming days
Retesting supply zone, placed sell limit over zone.
NZDUSD looks like a good long position trade. Confirmation hit
Could potentially retest now supply area and drop. Will wait for confirmation before going in short.
Retesting supply zone, will wait for confirmation for a potential short position.
Formed double top Could manage to break through neckline (demand) and retest before leaking even lower. IG: @forexdawgs
This amazing pair is well known for its patterns and obedience to zones. As we can see here price action is retesting a strong W supports zone while forming an inverse double top. This could be a good position trade to hold for weeks. IG: @forexdawgs
Will wait for a retest and confirmation at now supply zone for a potential sell order. IG: @forexdawgs