NZDUSD - Head and Shoulder and Rising Channel in Place
Trading Confluences
Trade Forecast
Consider Going Short if Price Break Below the Local Structure Level Marked In the Chart
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- Price is at Daily Resistance Level
- Head and Shoulder Pattern at the Daily Resistance indicate lack of Buying Pressure
- A Rising Channel After a Strong Bullish Momentum Indicate that on-going Momentum is Fading
- RSI Divergence
Trade Forecast
Consider Going Short if Price Break Below the Local Structure Level Marked In the Chart
Head Over to Trade Revenue Pro to Learn How to Trade Forex Profitable Way.