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NZDUSD Watch For Buy Setups
New Zealand Dollar / U.S. Dollar
Long
NZDUSD Watch For Buy Setups
By jojofang0901
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Updated
Nov 8, 2021
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Oct 25, 2021
Hello traders:
As I am bearish on the USD overall, and expecting further weakness in the USD pairs overall.
Here on NZDUSD, we can see price had a strong bullish impulse move up, and price falls into a larger, higher time frame correctional structure.
With a few swings highs and lows, it validates a structure here that can be a continuation correction for further upside.
Latest development on the LTF shows price has impulse out of the the HTF structure, good sign s of further bullish momentum.
Wait for lower time frame bullish continuation to form and complete, then look for entry to the previous highs.
thank you
Oct 25, 2021
Comment
Higher time frame outlook:
Nov 8, 2021
Comment
Chart Patterns
correction
Flag
impulse
NZD
Parallel Channel
pattern
priceaction
structure
USD
Wedge
jojofang0901
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