New Zealand Dollar made a Bullish Engulfing Pattern (Candlestick Pattern) near the Heavy Support Zone, and I expect that it will go UP at least to the Important Resistance Line.
Also, we can see Regular Divergence (RD+) between the Price and MACD indicator.
🔅New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ) Timeframe 8H⏰
🟢Heavy Support Zone🟢: 0.614$ until 0.59$
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Also, we can see Regular Divergence (RD+) between the Price and MACD indicator.
🔅New Zealand Dollar/U.S.Dollar Analyze ( NZDUSD ) Timeframe 8H⏰
🟢Heavy Support Zone🟢: 0.614$ until 0.59$
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Related publications
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.