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Alright traders, this is my take on NZDUSD. I believe it will break that upward channel and head downwards for 96 pips. Price is heading to the top of the RSI and about to touch the top of the Bollinger bands. Once price heads to the top of the RSI look for selling opportunities. I placed a sell stop ( you do not have to take part of the trade ) Good luck!
***Disclaimer*** This is not financial advice. I am not telling anyone to take any of the trades I post on here. It's simply an analysis that I think will happen.
Alright traders, this is my take on NZDUSD. I believe it will break that upward channel and head downwards for 96 pips. Price is heading to the top of the RSI and about to touch the top of the Bollinger bands. Once price heads to the top of the RSI look for selling opportunities. I placed a sell stop ( you do not have to take part of the trade ) Good luck!
***Disclaimer*** This is not financial advice. I am not telling anyone to take any of the trades I post on here. It's simply an analysis that I think will happen.
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.
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.