NZX 50 INDEX (NZ50G) Trading Plan
The Main New Zealand stock index reached a key structure level.
the price has already got rejected on a daily signifying the significance of the underlined zone for the market participants.
on 4H we see a narrow trading range with a potential lower high formation.
on focus in 10350 structure support.
in case of a bearish candle close below that, the index will drop
target levels will be: 9950 / 9450
good luck!
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