Currency pair NZDUSD
Daily screenshot

Daily downtrend with narrow channel. Last candle is pinbar
4H
Inside details we can see actual attitude price to trend, it follows.
Protection: Fibonacci level 0.382 ; resistance level 0.69717 ; inside bar in 4H TF, pinbar in 1D TF ; trend itself
Stop Loss 0.69894
Target 0.69085
Entry 0.69624
Daily screenshot
Daily downtrend with narrow channel. Last candle is pinbar
4H
Inside details we can see actual attitude price to trend, it follows.
Protection: Fibonacci level 0.382 ; resistance level 0.69717 ; inside bar in 4H TF, pinbar in 1D TF ; trend itself
Stop Loss 0.69894
Target 0.69085
Entry 0.69624
Trade active
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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.