2026-06-18 09:54 UTC
Scenario evidence 5 markers Open evidence Close evidence
Price attempted to break above previous highs but failed, closing below the breakout level.
Evidence The candle on 2026-06-10 had a high of 0.5845 but closed at 0.58315, indicating a failure to sustain higher prices.
Price reached a high point before reversing, indicating potential distribution.
Evidence The candle on 2026-06-13 had a high of 0.58635 and closed lower, suggesting selling pressure.
The latest candle shows a strong move down, breaking below recent support.
Evidence The candle on 2026-06-16 closed at 0.57717, below the recent support level of 0.579.
High volume on a bearish candle indicates strong selling pressure.
Evidence The volume on 2026-06-09 was 284582, significantly above the 20-day average.
Increased volume on the breakdown candle confirms the move lower.
Evidence The volume on 2026-06-16 was 200743, above the 20-day average.
Transaction ticket SHORT Open ticket Close ticket
- Entry
- 0.57717
- Current
- 0.57717
- SL
- 0.58450
- TP
- 0.57000
NZDUSD is in a breakdown regime, with price failing to hold above recent highs and now testing prior support as resistance. Increased volume on the breakdown candle supports further downside.
OPEN SHORT
Initiating a short position based on breakdown confirmation and resistance retest.
Price
0.57717
PnL
0.00%
Side
SHORT
Initiating a short position based on breakdown confirmation and resistance retest.
OPEN SHORT
Initiating a short position based on breakdown confirmation and resistance retest.
The NZDUSD is in a breakdown regime, confirmed by a strong bearish candle on increased volume, indicating further downside potential.
Stop loss set above the resistance zone to protect against a failed breakdown.
- The candle on 2026-06-16 closed at 0.57717, below the recent support level of 0.579, indicating a breakdown.
- Increased volume on the breakdown candle (200743) confirms strong selling pressure.
- Price is testing prior support as resistance, failing to reclaim the resistance zone (0.5825 - 0.5845).
Monitor if price can reclaim the resistance zone or if it continues to trade lower.




