NZDUSD Short Position (1Hr Timeframe)
• Weekly- bearish engulfing candle which could see bearish week
- Worth noting MA cross over in weekly
• Daily- breakout from rising wedge however potentially see a potential ABCD pattern formation
- MACD crossover signalling bearish move
• 4 Hour- missed short opportunity due to NFP however looking to short pullback however be wary of both spinning tops so best to wait for market opening to see how pair moves
• Hourly – MA about to crossover and will look to short once pullback is broken
• Verdict – will look to short once pullback is broken. This a particularly a shorter term trade so not considering this weeks fundamentals
- Worth noting MA cross over in weekly
• Daily- breakout from rising wedge however potentially see a potential ABCD pattern formation
- MACD crossover signalling bearish move
• 4 Hour- missed short opportunity due to NFP however looking to short pullback however be wary of both spinning tops so best to wait for market opening to see how pair moves
• Hourly – MA about to crossover and will look to short once pullback is broken
• Verdict – will look to short once pullback is broken. This a particularly a shorter term trade so not considering this weeks fundamentals
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.