To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleNZDUSD Potential for bearish drop to previous swing lowTypeBearish ReversalPreference:Looking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.Expecting price to drop from the pivot which is the overlap resistance level towards the support which is the previous swing low.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/nzdusd-potential-for-bearish-drop-to-previous-swing-low
via IFTTT
Subscribe to:
Post Comments (Atom)
Don’t count resources out
Commodities have performed poorly over the past year, but they tend to move in long and volatile cycles. from Moneyweek RSS Feed https://m...
-
The new strain of covid found in South Africa could disrupt plans by governments and central banks to rebuild economies. Financial markets a...
-
Fidelity “FIS” is a global financial services technology company and a leader in providing technology solutions to merchants, banks and cap...
-
Asian Equities Sink on Covid FearsIt’s been a mixed start to the week for global equities benchmarks with US and European asset markets rema...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.