📉 NZD/USD 4H Chart Analysis
1. Trendline Break 🚨
* Price was following a strong uptrend line (↗️)
* Broke below it sharply ➡️ Bearish sign
* Momentum shifted from bullish to bearish
2. Retest Resistance Zone 🔄
* After the drop, price bounced back into a blue resistance box (🧱)
* This was previous support → now resistance
* Classic "break → retest → drop?" setup forming
* Expecting a possible rejection here (✋)
3. Target Point 🎯
* Bearish continuation may push price to 0.55166 zone
* This is your target point (📍)
* Previous key support — might attract buyers again
4. Scenarios to Watch:
✅ Bearish Confirmation:
Price gets rejected at resistance (🧱)
Forms bearish candle (📉)
Continues down to target (🔽🎯)
❌ Bullish Invalidator:
Price closes above resistance zone (🔼)
Breaks back inside trend = Bullish comeback (🟢)
Current Bias:
🔴 Bearish unless price reclaims resistance above 0.5700
👀 Watch that zone closely for a potential entry signal
1. Trendline Break 🚨
* Price was following a strong uptrend line (↗️)
* Broke below it sharply ➡️ Bearish sign
* Momentum shifted from bullish to bearish
2. Retest Resistance Zone 🔄
* After the drop, price bounced back into a blue resistance box (🧱)
* This was previous support → now resistance
* Classic "break → retest → drop?" setup forming
* Expecting a possible rejection here (✋)
3. Target Point 🎯
* Bearish continuation may push price to 0.55166 zone
* This is your target point (📍)
* Previous key support — might attract buyers again
4. Scenarios to Watch:
✅ Bearish Confirmation:
Price gets rejected at resistance (🧱)
Forms bearish candle (📉)
Continues down to target (🔽🎯)
❌ Bullish Invalidator:
Price closes above resistance zone (🔼)
Breaks back inside trend = Bullish comeback (🟢)
Current Bias:
🔴 Bearish unless price reclaims resistance above 0.5700
👀 Watch that zone closely for a potential entry signal
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t.me/JaMesGoldFiGhteR786
join my refferal broker
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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.
join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.