Hello Everyone!
How are you all?
NzdUsd has a nice Bullish reversal setup.
Therefore, I will be looking for NzdUsd long in the coming week.
Here are the reasons for the long:
1. Double bottom
2. The price moved into the value area structurally(in a Descending Channel)
3. Potential LTF bullish reversal structure
Entry: Wait for a Bullish Impulse followed by a ltf correction.
OR Risk entry at the bottom of the ltf structure
1st Target: 0.61
2nd Target: 0.62
How are you all?
NzdUsd has a nice Bullish reversal setup.
Therefore, I will be looking for NzdUsd long in the coming week.
Here are the reasons for the long:
1. Double bottom
2. The price moved into the value area structurally(in a Descending Channel)
3. Potential LTF bullish reversal structure
Entry: Wait for a Bullish Impulse followed by a ltf correction.
OR Risk entry at the bottom of the ltf structure
1st Target: 0.61
2nd Target: 0.62
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.