NZDJPY Bearish Daily Outlook
LONGTERM OVERVIEW: Bearish.
- Price is at significant daily resistance level
- Both RSI and MACD showing bearish div since April - Should price break below rising support, it will complete H&S pattern driving it down to the .61 Fib
- MACD and RSI showing bearish Div since April
Alternate View: Bullish should price break above and find support at 74.000 Resistance level.
HOW TO TRADE:
- Look for bearish opportunities at breaks and
retests of major resistance levels on 4hr/1hr timeframes.
- Watch for break of major rising support line to
confirm further downside. and complete H&S pattern
- Price is at significant daily resistance level
- Both RSI and MACD showing bearish div since April - Should price break below rising support, it will complete H&S pattern driving it down to the .61 Fib
- MACD and RSI showing bearish Div since April
Alternate View: Bullish should price break above and find support at 74.000 Resistance level.
HOW TO TRADE:
- Look for bearish opportunities at breaks and
retests of major resistance levels on 4hr/1hr timeframes.
- Watch for break of major rising support line to
confirm further downside. and complete H&S pattern
Let the algo show you its hand.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Let the algo show you its hand.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.