Trend break and Double Peak
Since the beginning of the week, the market has moved and started to follow the movements we expected to see. At this point, it also gives new opportunities to instruments that are late to join the initial movement or move more slowly.
Such a possibility is NZDUSD. After the price breaks H1and H4 trend, we already have a breakthrough even on the daily trendline.
At the same time, the price has reached a second peak and is trying to break the support.
In case of breaking down the first level we expect the price to reach the previous bottom - 0.6529
In case of breaking down of this level, we look for further support at 0.6463. There is also the profit from the double peak figure - the height of the second peak.
Like and comment if you expect it to reach lower levels!
Such a possibility is NZDUSD. After the price breaks H1and H4 trend, we already have a breakthrough even on the daily trendline.
At the same time, the price has reached a second peak and is trying to break the support.
In case of breaking down the first level we expect the price to reach the previous bottom - 0.6529
In case of breaking down of this level, we look for further support at 0.6463. There is also the profit from the double peak figure - the height of the second peak.
Like and comment if you expect it to reach lower levels!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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