Bullish setup spotted, waiting for confirmation !
Updated
0.68 are a strong key level that the market try to break right now.
Bulls are keep coming and succesfully form double U pattern,
Currently the market are having slight pullback to the neck bringing perfect opportunity for us to join in.
If the bulls can signal a strong pressence with a trend bar then we can take it as a confirmation to enter,
but if the neckline break below with a closed body then this setup will be invalidated.
Bulls are keep coming and succesfully form double U pattern,
Currently the market are having slight pullback to the neck bringing perfect opportunity for us to join in.
If the bulls can signal a strong pressence with a trend bar then we can take it as a confirmation to enter,
but if the neckline break below with a closed body then this setup will be invalidated.
Note
The price forming ascending channel wich can lead to a breakout both upside or downside.
currently NZD/USD are very bullish so we will take this chance.
a drop below 0.67200 will invalidated this setup.
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