NZDUSD AROUND A MASSIVE ZONE
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
NZD/USD BEARISH REVERSAL FORMED
As we mentioned in the previous analysis, we were waiting for the bulls to take over, specially we were around a strong support zone, which happened.
Meanwhile, and for now, price traded higher and higher to be approaching again a new massive resistance zone, lining up with our falling trendline, where we will be looking for new bearish reversal movement.
Moreover, for the bears to kick in we need a break below the marked major swing low, then a movement lower would be expected.
Until that price is still overall bullish and price can still trade higher.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
NZD/USD BEARISH REVERSAL FORMED
As we mentioned in the previous analysis, we were waiting for the bulls to take over, specially we were around a strong support zone, which happened.
Meanwhile, and for now, price traded higher and higher to be approaching again a new massive resistance zone, lining up with our falling trendline, where we will be looking for new bearish reversal movement.
Moreover, for the bears to kick in we need a break below the marked major swing low, then a movement lower would be expected.
Until that price is still overall bullish and price can still trade higher.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
Feragatname
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