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NZDUSD 🔥 🔥 🔥
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📈 [Buy Limit (Bounce)] NZDUSD Bullish bounce off pullback support?
NZD/USD is falling towards the pivot point of 0.6052, which is a pullback support that is slightly above the 127.2% Fibonacci extension. A bounce from this level could lead the price to rise to the 1st resistance level of 0.6081, which is a pullback resistance that is slightly below the 38.2% Fibonacci retracement.
Alternative Scenario:
However, if price breaks below the pivot, we could see price fall to the 1st support level of 0.6034, which is a pullback support.
Confidence: ⭐⭐
💲Entry: 0.60536
⛔️ Stop Loss: 0.60348
🎯 Target: 0.60811
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📈 [Sell Limit (Reversal)] BTCUSD Bearish reversal?
BTC/USD is rising towards the pivot point of 62,393, which is an overlap resistance that aligns with the 88% Fibonacci retracement. A reversal from this level could lead the price to fall to the 1st support level of 60,442.37, which is a pullback support.
Alternative Scenario:
However, if price breaks above the pivot, we could see price rise to the 1st resistance level of 63,586.1, which is a pullback resistance.
Confidence: ⭐⭐
💲Entry: 62393
⛔️ Stop Loss: 63586.1
🎯 Target: 60442.37
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