We have still room for another downward wave on the weekly on NZDUSD. Currently we are retesting the upper trendline after breaking below the daily triangle(blue dash). If we see a breakout from orange upward consolidation we should look for shorts.
double top acts as further confirmation, so u can also place your orders below the double top if you so wish to.
stops in any case at the orange dashed line
double top acts as further confirmation, so u can also place your orders below the double top if you so wish to.
stops in any case at the orange dashed line
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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.