Zoom out on the weekly chart, we can see the market of NZD/USD is extremely bearish.
1. There are two bearish pennant in the chart, indicating bearishness.
2. Sto-RSI shows oversold in 4hr. Perfect timing for enter the trade
Entry $0.58806
SL $0.594
TP1 $0.55 Zone
TP2 $0.49 Zone
Feel Free to drop the comment if you have different opinion.
1. There are two bearish pennant in the chart, indicating bearishness.
2. Sto-RSI shows oversold in 4hr. Perfect timing for enter the trade
Entry $0.58806
SL $0.594
TP1 $0.55 Zone
TP2 $0.49 Zone
Feel Free to drop the comment if you have different opinion.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.