Bullish Hammer on H4, Potential Reversal
Analysis explained;
Reversal after downtrend, will be requires confirmation on long terms trading.
As for now, Bullish Hammer has been appears on H4 candlestick. We might need further confirmation on next candlestick before can go Long and get reversal confirmation.
As fundamental, RBNZ provide highest interest rate and could expect more hikes, these can be another factor to go Long for extended periode.
Reversal after downtrend, will be requires confirmation on long terms trading.
As for now, Bullish Hammer has been appears on H4 candlestick. We might need further confirmation on next candlestick before can go Long and get reversal confirmation.
As fundamental, RBNZ provide highest interest rate and could expect more hikes, these can be another factor to go Long for extended periode.
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