RaynLim

Capitalizing on the Bearish Trend

Kort
FX_IDC:NZDUSD   Nyzeeländsk dollar/USA-dollar

  • The entirety of the NZDUSD landscape is signalling a potential shorting opportunity.

Technical Insights:

  • The volatility trendline, once a counter-trend reference, has been breached and closed below. Now, we await a retest of this trendline as an entry point for a shorting opportunity.

Extended Target:

  • For those inclined, extending the target to the completion of the Bullish Bat Pattern on the Weekly Chart at 0.5626 could be a strategic move.

Always employ your own risk management strategies and validate with your analysis. What's your perspective on NZDUSD? Share your thoughts below.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.