Get started
Digital-nomad

New Zealand Dollar /U.S Dollar H4 Chart is approaching a strong

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Digital-nomad  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
1
1
trendanalysis harmonicpatterns chartpattern
As you can see in the New Zealand Dollar/ U.S Dollar H4 chart , The market formed a nice double top , and a breakout trap at the second top .

The breakout of the neckline confirms the chart pattern , and if the market approaches the demand zone , we can predict a strong impulsive move upwards .
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.