NZD/USD - Ascending Channel Break
Chart: Daily
Market: Ranging
Bearish Indicators
1. High test candle high above 50 EMA
2. High test candle open and close below 50 EMA
3. High test candle below ascending channel - support now resisance (blue dotted lines)
4. Price trading below 0.68480 resistance
5. Price is in pull back mode
6. Double top found on weekly chart
Agree / Disagree? Comment below!
Market: Ranging
Bearish Indicators
1. High test candle high above 50 EMA
2. High test candle open and close below 50 EMA
3. High test candle below ascending channel - support now resisance (blue dotted lines)
4. Price trading below 0.68480 resistance
5. Price is in pull back mode
6. Double top found on weekly chart
Agree / Disagree? Comment below!
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.