Hello everyone & let's have a profitable Monday! :))
This setup looks very promising based on price action and fundamental data. NZDUSD is looking very bearish on the higher time frames and is currently attempting to make a new low on the monthly as well as on the daily time frames. We broke past all the moving averages on the 4-hour and on the 1-hour. We also have a new low plus the closure of a bearish engulfing candlestick, which is a strong indication to confirm bearish bias. As a cherry on top, the NZD is being sold off against the USD, so as I said-this setup looks good for a further drop down. :relaxed: :fire:
This setup looks very promising based on price action and fundamental data. NZDUSD is looking very bearish on the higher time frames and is currently attempting to make a new low on the monthly as well as on the daily time frames. We broke past all the moving averages on the 4-hour and on the 1-hour. We also have a new low plus the closure of a bearish engulfing candlestick, which is a strong indication to confirm bearish bias. As a cherry on top, the NZD is being sold off against the USD, so as I said-this setup looks good for a further drop down. :relaxed: :fire:
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.
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.