{"id":116847,"date":"2017-11-21T07:15:10","date_gmt":"2017-11-21T12:15:10","guid":{"rendered":"http:\/\/countingpips.com\/?p=116847"},"modified":"2018-06-01T15:49:09","modified_gmt":"2018-06-01T15:49:09","slug":"nzd-usd-continuation-bearish-shs-pattern","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/11\/nzd-usd-continuation-bearish-shs-pattern\/","title":{"rendered":"NZD\/USD Continuation Bearish SHS Pattern"},"content":{"rendered":"
November 21, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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The NZD\/USD is in a strong monthly downtrend. If we zoom in to H4\/H1 time frame, we are also able to see a downtrend but also a retracement that is happening now. The POC zone 0.6833-45 (D H4, EMA89, 61.8, ATR top) once hit, could reject the price. At the top of that we also see a continuation Bearish SHS pattern (cont Bearish SHS) that happens in a downtrend, close to supports. Targets are 0.6793, 0.6781 and 0.6760 as long as 0.6670 holds.<\/p>\n

L3 – Weekly Camarilla Pivot (Weekly Interim Support)<\/p>\n

W H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n

W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>\n

D H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)<\/p>

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<\/div>\n

D L3 \u2013 Daily Camarilla Pivot (Daily Support)<\/p>\n

D L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

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\"Admiral<\/a><\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: NZD\/USD Continuation Bearish SHS Pattern<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The NZD\/USD is in a strong monthly downtrend. If we zoom in to H4\/H1 time frame, we are also able to see a downtrend but also a retracement that is happening now. The POC zone 0.6833-45 (D H4, EMA89, 61.8, ATR top) once hit, could reject the price. At the top of […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-116847","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/116847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=116847"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/116847\/revisions"}],"predecessor-version":[{"id":116855,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/116847\/revisions\/116855"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=116847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=116847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=116847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}