NZDUSD : POTENTIAL HEAD AND SHOULDER, TRADE THE RIGHT SHOULDER
The price has just rebound from near the uptrend line 2, but since the uptrend line 1 is broken, there may have another downward wave. From the pattern of chart, there will be a potential libra pattern and also FIBO 0.618 converge at near 0.73132. If this level is not broken, I am interested to sell at there.
TRADE IDEA :
SELL AT NEAR 0.73132
SL : 0.73500
TP : NEAR UPTREND LINE 2, NEAR POTENTIAL NECKLINE.
TRADE IDEA :
SELL AT NEAR 0.73132
SL : 0.73500
TP : NEAR UPTREND LINE 2, NEAR POTENTIAL NECKLINE.
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.
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.