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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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
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🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
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