NZDUSD: Top-Down Analysis & Trading Plan ๐ณ๐ฟ๐บ๐ธ
https://www.tradingview.com/x/lp5O8Tdk/
NZDUSD broke and closed below a key daily structure support.
The broken structure turned into resistance now.
We see a retest of a broken structure.
To short the pair with a confirmation, pay attention to
a bearish flag pattern on a 4H time frame.
Its support breakout - 4h candle close below will confirm the strength of the sellers.
A bearish continuation will be anticipated to 0.597 support then.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
NZDUSD broke and closed below a key daily structure support.
The broken structure turned into resistance now.
We see a retest of a broken structure.
To short the pair with a confirmation, pay attention to
a bearish flag pattern on a 4H time frame.
Its support breakout - 4h candle close below will confirm the strength of the sellers.
A bearish continuation will be anticipated to 0.597 support then.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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