Extremely Bearish on NZD/USD Pair
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.
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