Hello TradingView Family / Fellow Traders,
On 4H: Left Chart
NZDUSD has been bullish trading within the flat wedge pattern in red and it is currently hovering around the lower bound.
On 1H: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the neckline highlighted in gray.
📉 Meanwhile, NZDUSD would be bearish short-term and can still trade lower inside the daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
On 4H: Left Chart
NZDUSD has been bullish trading within the flat wedge pattern in red and it is currently hovering around the lower bound.
On 1H: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the neckline highlighted in gray.
📉 Meanwhile, NZDUSD would be bearish short-term and can still trade lower inside the daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
This analysis is done using RichTL
www.RichTL.com
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Support Bright Ideas Through Decentralised Crowdfunding
ideaology.io
Buy CRGPT on Uniswap
cutt.ly/CRGPT