NZDUSD - Head & Shoulders - Daily

Cập nhật
NZDUSD has formed a valid Head & Shoulders pattern on the daily time frame after failing to close above the middle Bollinger Band (20 SMA). The right head is slightly lower which is a sign of additional selling pressure. A significant bearish engulfing recently closed on the monthly time frame. Price closed firmly through the middle Bollinger Band on the weekly time frame. A significant bearish engulfing with a strong Bollinger Band outbreak is currently forming on the H4 time frame after bouncing from a 5 point support trend-line allowing for a very low risk entry. 1:9 risk to reward ratio. SL set above previous highs. TP set slightly above strong support. H4, Weekly and Monthly charts will be posted in the comments below.
Ghi chú
Weekly POV: ảnh chụp nhanh
Monthly POV: ảnh chụp nhanh
H4 POV: ảnh chụp nhanh
Giao dịch được đóng thủ công
4H trend-line was broken. I will look for a re-entry as long as the right shoulder high isn't broken.
Ghi chú
Price made one more move up, then formed a bearish engulfing with a strong upper Bollinger Band outbreak confirming the start of the down move.
NZDUSD - Bearish Engulfing
Candlestick AnalysisMultiple Time Frame AnalysisNZDNZDUSDSELLshortTrend LinesUSD

Bài đăng liên quan

Thông báo miễn trừ trách nhiệm