NZDUSD - Bearish trend
The long term direction of this pair is bearish. We have been trading the bearish flag for a while. It broke structure but the break was not convincing and is retesting previous structure levels. This is a good entry for low risk trades to the downside. Depending on your risk appetite, trade aggressive with entries now, or wait for a bearish impulse followed by a trend continuation pattern to the downsisde that breaks the bullish trend.
Disclaimer: This does not constitute financial advice and is merely my own opinion. Please trade your own plan.
Green trades
Disclaimer: This does not constitute financial advice and is merely my own opinion. Please trade your own plan.
Green trades
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.