NZDUSD, A Quick Update
Broken Bearish Channel and waited for Retracement as you can check my previous analysis.
Now after gaining bearish momentum, You can see a 590-591 support zone .
That's where most traders make mistakes. They simply tend to rely on single tool like broken bearish channel and it's going down.
No that's not as simple as it seems. Market makes correction and move sideways.
Anyways, Still trapped in Symmetrical Channel but still downward momentum can be seen.
Will update further once get valid entry point.
#STAYHOME#STAYSAFE
Now after gaining bearish momentum, You can see a 590-591 support zone .
That's where most traders make mistakes. They simply tend to rely on single tool like broken bearish channel and it's going down.
No that's not as simple as it seems. Market makes correction and move sideways.
Anyways, Still trapped in Symmetrical Channel but still downward momentum can be seen.
Will update further once get valid entry point.
#STAYHOME#STAYSAFE
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