Hey traders,
Another prediction.
NZDUSD has violated the bearish trend with a inverted H&S pattern on the daily chart.
The price tried to push higher and form a bullish trend but it wasn't strong enough.
The price pulled back into the previous structure zone.
The 240 chart confirmed my analysis with a high potential reversal zone.
Forming a Cypher pattern in the zone + a ABCD pattern.
Using the fibonacci tool we see more confirmation at this zone.
Prediction:
Bullish move into at least the daily higher CLOSE.
Another prediction.
NZDUSD has violated the bearish trend with a inverted H&S pattern on the daily chart.
The price tried to push higher and form a bullish trend but it wasn't strong enough.
The price pulled back into the previous structure zone.
The 240 chart confirmed my analysis with a high potential reversal zone.
Forming a Cypher pattern in the zone + a ABCD pattern.
Using the fibonacci tool we see more confirmation at this zone.
Prediction:
Bullish move into at least the daily higher CLOSE.