samcco09

NZD/USD Pin candle formation

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZD/USD may be slowing down its momentum and could provide a nice opportunity for a quick trade.
-Pin candle formation at resisitance/swing high on 1H chart
-Pin candle formation on daily chart
-Stochastic RSI about to cross in overbought territory
-MACD bearish divergence
-RSI bearish divergence

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.