NZDUSD Multi-timeframe analysis (MTFA)
I shall be using sharing my ideas from a supply and demand approach.
From the monthly TF, we see a box pattern forming up and currently trending down within the box.
Weekly TF shows the recent downtrend more clearly
From the H4, i see a likely trend back into the resistance to take out the last high created before we actually see a selloff.
I shall be using sharing my ideas from a supply and demand approach.
From the monthly TF, we see a box pattern forming up and currently trending down within the box.
Weekly TF shows the recent downtrend more clearly
From the H4, i see a likely trend back into the resistance to take out the last high created before we actually see a selloff.