NZDUSD H4 I Bearish reversal
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.6135, which is a pullback resistance aligning with a 127.20 Fibo extension.
Our take profit will be at 0.6114, a pullback support level.
The stop loss will be placed at 0.6160, above the swing-high resistance level.
Our take profit will be at 0.6114, a pullback support level.
The stop loss will be placed at 0.6160, above the swing-high resistance level.
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.