For NZDUSD still moved as a downtrend , and currently the price still on the phase two . To make sure the price continues the downtrend,we have to ensure the price break the phase two and start a new phase 1.
the significant signal of this is: when the price break the phase 2, we have to waiting for the singals such as: a REAL Pin-bar about more than 40 pips with the long tail, a M shape pattern, ETC.
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.