Price is heading towards the upper boundary of the price channel
✏️
NZDUSD is trading in a bullish wave on H4 chart towards the upper boundary of the ascending price channel. The trendline reaction to the support zone of 0.598 will form a nice corrective wave for the uptrend. If the nearest trendline is broken, the price will soon reach our take profit zone.
📉 Key Levels
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NZDUSD is trading in a bullish wave on H4 chart towards the upper boundary of the ascending price channel. The trendline reaction to the support zone of 0.598 will form a nice corrective wave for the uptrend. If the nearest trendline is broken, the price will soon reach our take profit zone.📉 Key Levels
- Buy trigger: Reject and Trading above 0.598
- BUY zone 0.592 ( vùng hỗ trợ biên dưới)
- Target: 0.610
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Trade active
wait to see if price rebounds above support to trigger BUY. or price will head to next supportTrade closed: stop reached
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Join me to get Trading signals, Trading knowledge
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☘️Contact: t.me/VHTTrader
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☘️Contact: t.me/VHTTrader
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.