USDNGN Long term analysis !
Pattern Wedge on NGN, but take in mind that this
is monthly timeframe and of course long term
analysis. Based on technical indications NGN can
correct its trend against USD to 349.77 in next
5-6 months. Anyway price can gradually decline
to 360 before christmass holidays\
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
tradingview.com/streams/CgPlvMBKBMpZ5kNYKq0-P/
is monthly timeframe and of course long term
analysis. Based on technical indications NGN can
correct its trend against USD to 349.77 in next
5-6 months. Anyway price can gradually decline
to 360 before christmass holidays\
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
tradingview.com/streams/CgPlvMBKBMpZ5kNYKq0-P/
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