NZDUSD Top Down TECHNICAL ANALYSIS
Top Down Analysis for NZDUSD (Monthly chart)
we are currently bullish^
- Market is in form of a bearish, It has confirmed a few touches of the actual flag - the Trend on the flag shows us a Bullish trend yet it has a Bearish previous impulse which we call a FLAG POLE. To measure the final target after the flag - the final bearish target will be equivalent to the flag pole.
THE NEXT RESISTENCE CORRESPONDS WITH OUR FIBO RETRACEMENT LEVEL OF 618 (from monthly High to monthly Lowest level)
- IF YOU LIKE THIS IDEA PLEASE BOOST IT, your welcome to share your thoughts abut my idea on the comment section
we are currently bullish^
- Market is in form of a bearish, It has confirmed a few touches of the actual flag - the Trend on the flag shows us a Bullish trend yet it has a Bearish previous impulse which we call a FLAG POLE. To measure the final target after the flag - the final bearish target will be equivalent to the flag pole.
THE NEXT RESISTENCE CORRESPONDS WITH OUR FIBO RETRACEMENT LEVEL OF 618 (from monthly High to monthly Lowest level)
- IF YOU LIKE THIS IDEA PLEASE BOOST IT, your welcome to share your thoughts abut my idea on the comment section
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.