NZDUSD SHORT

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we can see price has broken the 4h trend line and the minor support with a big bearish momentum candle and has respected the 4h key support and will probably make a correction to retest the previous broken support

so what do we see?

  • broken trendline and structure
  • Big bear momentum THE SELLERS ARE HERE
  • area of confluences price has respected the previous broken trend line and resistance creating a double top M formation
  • the HH levels on the way up to retest also shows bearish divergence
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waiting for price to make a LL to enter a short with big bear candle

we can also lay out our fib levels to see where that correction can come to

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.