Browse By

Looking at NZDUSD price action here next week

Looking at green zone for potential turning point for short.

At moment day – day momentum is up so a valid setup has to show price reaction to green zone/top trend line to signal that they are valid resistance.

NZDUSD daily chart July 2015 - present

NZDUSD daily chart July 2015 – present

Two prominent features in this chart:

  1. Bull trap
  2. Bearish expansion
0Shares
Loading Facebook Comments ...

Leave a Reply