NZDUSD H4 | Bearish reversal off pivot point

TitleNZDUSD H4 | Bearish reversal off pivot pointTypeBearish ReversalPreference:Price is approaching our pivot point at 0.6188 which is a multi swing high resistance. Price could potentially become bearish and head towards our 1st support level at 0.6142.Additionally, price is below a major descending trend line, suggesting that there is a strong bearish momentum.Alternative scenario:If price breaks above the trendline and pivot point, then price would head towards the 1st resistance at 0.6219.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.