Hi Traders! An ascending triangle is forming on the NZDUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bullish due to the market swings; the lows and highs are starting to get higher, and additionally, the market has broken and closed above the 20 EMA. As long as the market …
NZDUSD Ascending Triangle Possible Break for OANDA:NZDUSD by BluetonaFX
Hi Traders! An ascending triangle is forming on the NZDUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it…
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