NZD/USD - Cypher & Bat
Hello traders, it appears NZD/USD has completed the bearish bat pattern but is now forming a bearish cypher pattern on the 4h chart.
This correlates with the bearish cypher on the 4h chart for AUD/USD shown below.
I'll be looking for extra validation before entering this trade!
This correlates with the bearish cypher on the 4h chart for AUD/USD shown below.
I'll be looking for extra validation before entering this trade!
Note
Price has now reached the top of a descending channel, watch this area for an entry point.
📈 Master the Art and Science of Trading: sixfigurecapital.com
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📈 Master the Art and Science of Trading: sixfigurecapital.com
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.