NZDUSD 15m
This analysis comes from the new indicator I have coded recently. As shown on the chart, I anticipated a reaction at the red box 5m OB, with a target price at the green box 5m OB.
The reason is that, on the 5-minute chart, the supply zone was converted to a demand zone and broke the recent high. Pay attention: confirmation is required before entering the position.
The reason is that, on the 5-minute chart, the supply zone was converted to a demand zone and broke the recent high. Pay attention: confirmation is required before entering the position.
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.