NZDUSD is moving downwards. After breaking through the latest minimum, price does pullback to previous low. 50% pullback makes the signal more valid.
While pullback, price has formed inside bar, which means uncertainty and price compression on the lower timeframe.
Sell order will be activated at breakout of the pattern.
Primary R/R - 2/1
While pullback, price has formed inside bar, which means uncertainty and price compression on the lower timeframe.
Sell order will be activated at breakout of the pattern.
Primary R/R - 2/1
Trade closed: target reached
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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.
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.