NZDUSD 29/05/2020
As you can see we have a triangle that is nearing its end.
As a resistance we have an area that in the recent past has rejected the price several times.
I look forward to drilling the triangle and testing the newly formed support area.
As a resistance we have an area that in the recent past has rejected the price several times.
I look forward to drilling the triangle and testing the newly formed support area.
Note
Still not break the triangle .Trade active
We are moving in profit after the break and test the new support level (0.62319).You can move the SL at 0.62319 and wait the price reach target 0.63400.
Good luck. Enjoy.
Trade closed: target reached
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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.