h4 uptrend, seeing h1 range breakout. targeting .618 retrace at .92
h4 downtrend, h1 showing downwards break of range from .618.
rsi breaching zone that has been a reversal level for gj on h1
We saw strong rejection of the resistance level, I expect a retest of recent lows.
I'm really wary about the current bull run we are having- current charting shows us rejecting a strong trendline with the formation of a possible head and shoulders. Keeping a very close eye on this one.
Huge bull run has taken us to a significant level that could produce a strong reversal. Waiting to see how NZDUSD behaves at this price level. Daily Overbought
Waiting for break of trendline + pullback for move to 61.8 target
Waiting for another red close on H1 to confirm reversal.
Waiting for bullish macd crossover to enter this trade.
bearish harmonic with bearish divergence and macd crossover. targets set