NZD USD was the most bullish pair of the of 2020 which we all about that it broke the psychological level of 0.69000 which was also the yearly strong resistance area and after breaking that structure market went high up like rocket
now on higher time frame we can see that nzd usd found a resistance and also a retracement to the broken structure is going to happen
what we have to do is to look for bearish confirmations on lower time frames and enter short with your own money management and risk to reward
patience with discipline is what we really need in trading and it always pays off no matter what
always remember
patience is the key
now on higher time frame we can see that nzd usd found a resistance and also a retracement to the broken structure is going to happen
what we have to do is to look for bearish confirmations on lower time frames and enter short with your own money management and risk to reward
patience with discipline is what we really need in trading and it always pays off no matter what
always remember
patience is the key
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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.