NZDUSD 1H - CYPHER POSSIBILITY
NOT FOR TRADING, ONLY FOR EDUCATION PURPOSE
This scenario has been done to perform a back test in the future for an AI program.
Descending channel breakout occurred and now the price seems to retest the upper channel line, if it breaks downward then we may consider a CYPHER possibility which will be inline with support and resistance zones (marked with rectangle).
If it will fail to break downwards then we may think of testing upper resistance zones.
This scenario has been done to perform a back test in the future for an AI program.
Descending channel breakout occurred and now the price seems to retest the upper channel line, if it breaks downward then we may consider a CYPHER possibility which will be inline with support and resistance zones (marked with rectangle).
If it will fail to break downwards then we may think of testing upper resistance zones.