CUP AND HANDLE PATTERN ON NZDUSD ??
MONTHLY - SUPPLY ZONE (RED MARK)
DAILY - SUPPLY ZONE (GREEN MARK)
H4 AND H1 - WILL ABOUT TO BREAK THE DAILY ZONE TO FORM A CUP. PRICE BOUNCE BACK AND MOVE TO THE MONTHLY ZONE TO MAKE A CUP N HANDLE PATTERN.
THIS IS JUST AN ANLAYSIS OF MINE. MIND SHARE YOUR IDEA PLS :) TY
DAILY - SUPPLY ZONE (GREEN MARK)
H4 AND H1 - WILL ABOUT TO BREAK THE DAILY ZONE TO FORM A CUP. PRICE BOUNCE BACK AND MOVE TO THE MONTHLY ZONE TO MAKE A CUP N HANDLE PATTERN.
THIS IS JUST AN ANLAYSIS OF MINE. MIND SHARE YOUR IDEA PLS :) TY
Comentarios:
The market is in consolidation instead of making a pattern but it still in the zone of those long bearish candle. does it mean it gonna break downward or upward someday ?? wait and see
MONTHLY - DEMAND ZONE (RED)
DAILY - DEMAND ZONE (GREEN)
SORRY XD