After bouncing off the previous Major trendline last month, Bitcoin seems to be retesting the support area again in hopes of catching a bullish momentum.
NZD/USD: a short-term idea
2020-02-19 • Updated
NZD/USD has once again found support in the 0.6830 area. The price action on the H1 chart strongly resembles an inverted “Head and Shoulders” pattern. The advance above the neckline at 0.6400 will open the way up to the 0.6415/20 area, where it will once again meet resistance. This is where it will be time to consider selling.
Trade idea for NZD/USD
BUY 0.6400; TP 0.6420; SL 0.6390
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