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NZD/USD Bearish Railway Pattern on H4 Timeframe

Posted On 16 Oct 2017
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The NZD/USD has formed a bearish railway pattern (BRP) on H4 timeframe. The pattern has appeared after a rejection from historical sellers and a trend line. For the next bearish move we should either see a rejection from POC and/or continuation below W H3 camarilla pivot.

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Source:: NZD/USD Bearish Railway Pattern on H4 Timeframe

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Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

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