Lingrid | NZDUSD opportunity to SHORT from RESISTANCE zone
The price perfectly fulfills my last idea. It hit the target level. 
NZDUSD is currently making lower lows after breaking out of the range zone, indicating a bearish trend. I believe the price could decline further if it experiences a false breakout at the resistance zone and the channel boundary. Additionally, the market has created a bearish divergence on the 1H timeframe. Notably, the price has risen above the psychological level of 0.6000, but I anticipate it may drop below this level, potentially creating a false breakout on the weekly timeframe. My target is support at 0.59630
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
NZDUSD is currently making lower lows after breaking out of the range zone, indicating a bearish trend. I believe the price could decline further if it experiences a false breakout at the resistance zone and the channel boundary. Additionally, the market has created a bearish divergence on the 1H timeframe. Notably, the price has risen above the psychological level of 0.6000, but I anticipate it may drop below this level, potentially creating a false breakout on the weekly timeframe. My target is support at 0.59630Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.
📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.