NZDUSD prediction - bullish oppertunity
Hey traders,
Another prediction.
NZDUSD has violated the bearish trend with a inverted H&S pattern on the daily chart.
The price tried to push higher and form a bullish trend but it wasn't strong enough.
The price pulled back into the previous structure zone.
The 240 chart confirmed my analysis with a high potential reversal zone.
Forming a Cypher pattern in the zone + a ABCD pattern.
Using the fibonacci tool we see more confirmation at this zone.
Prediction:
Bullish move into at least the daily higher CLOSE.
Another prediction.
NZDUSD has violated the bearish trend with a inverted H&S pattern on the daily chart.
The price tried to push higher and form a bullish trend but it wasn't strong enough.
The price pulled back into the previous structure zone.
The 240 chart confirmed my analysis with a high potential reversal zone.
Forming a Cypher pattern in the zone + a ABCD pattern.
Using the fibonacci tool we see more confirmation at this zone.
Prediction:
Bullish move into at least the daily higher CLOSE.
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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.
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.