Hi there,
NZDUSD is setting up for the breakout. Watch for the breakout and look for buy on breakout.
Make sure you buy the strong breakout not corrective.
If we are doing to see corrective breakout then let the correction get bigger then look for breakout.
In case if we dont see breakout and price starts to form a bigger correction then look for 618 or 786 of your fib line and look for buy before the breakout.
Hope this will help how to trade on this setup.
We are having a huge potential on NZDUSD for longer term. If we see strong breakout then you can hold this long for longer term rather than for next leg.
Good Luck.
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NZDUSD is setting up for the breakout. Watch for the breakout and look for buy on breakout.
Make sure you buy the strong breakout not corrective.
If we are doing to see corrective breakout then let the correction get bigger then look for breakout.
In case if we dont see breakout and price starts to form a bigger correction then look for 618 or 786 of your fib line and look for buy before the breakout.
Hope this will help how to trade on this setup.
We are having a huge potential on NZDUSD for longer term. If we see strong breakout then you can hold this long for longer term rather than for next leg.
Good Luck.
Please support the setup with your likes, comments and by following on TradingView thanks.
Note
Thats called breakout Hope those who have seen this chart on time are in.Note
We have seen change in pattern formation. But new pattern formation played pretty good. So we are already in from bottom and looking for longer term reversal on it. If you are great if not then let it forms a correction and look for buy. Note
Thats is what we are looking for longer term 
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For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Related publications
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.