Long
NZDUSD long opportunity
WEEKLY TIMEFRAME
- Bullish engulfing candle
DAILY TIMEFRAME
- Double bottom
- Currently sitting in the 'golden pocket' of the fibonacci
- Daily candle closed at the 0.71 fibonacci
4 HOUR TIMEFRAME
- Breakout of the descending trendline
- Again, currently sitting in the 'golden pocket' of the fibonnaci
Small retest likely. Looks like a lovely long trade.
- Bullish engulfing candle
DAILY TIMEFRAME
- Double bottom
- Currently sitting in the 'golden pocket' of the fibonacci
- Daily candle closed at the 0.71 fibonacci
4 HOUR TIMEFRAME
- Breakout of the descending trendline
- Again, currently sitting in the 'golden pocket' of the fibonnaci
Small retest likely. Looks like a lovely long trade.
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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.