RLinda ! NZDUSD-> Several patterns indicate an imminent decline
The NZDUSD is about to exit the uptrend channel, and several patterns indicate an impending fall. What's next?
Price is forming a pre-break consolidation after testing the support of the uptrend channel. After a strong drop from last week, price forms a bearish flag and in a four-hour candlestick breaks the indicated line under the pressure of MA-50.
I assume that in the nearest future, after the pattern activation, we will see a drop in the short term to the level of 0.62000, and in the medium term the price may fall to the area of 0.60580
Sincerely R. Linda!
Price is forming a pre-break consolidation after testing the support of the uptrend channel. After a strong drop from last week, price forms a bearish flag and in a four-hour candlestick breaks the indicated line under the pressure of MA-50.
I assume that in the nearest future, after the pattern activation, we will see a drop in the short term to the level of 0.62000, and in the medium term the price may fall to the area of 0.60580
Sincerely R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.