good rist to reward short
hello traders im ANAS NFS this is my analysis of the NZDUSD
as you can see the price is on a downtrend in the daily timeframe
also, it's bouncing on a strong resistance level on the daily timeframe
and in the 4h timeframe its actually the same
in the 1h timeframe its really good to sell tow and the MACD showing a good sell signal
go with the first arrow and could go to the second one GOOD LUCK
FOLLOW ME IF IT WAS HELPFUL TO YOU
as you can see the price is on a downtrend in the daily timeframe
also, it's bouncing on a strong resistance level on the daily timeframe
and in the 4h timeframe its actually the same
in the 1h timeframe its really good to sell tow and the MACD showing a good sell signal
go with the first arrow and could go to the second one GOOD LUCK
FOLLOW ME IF IT WAS HELPFUL TO YOU
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.