IS IT TIME? NZD/USD LONG.
Updated
Price had previously changed structure into an uptrend by breaking a previous resistance level/strong high on the daily timeframe. Hence the down move we are seeing might just be a reversal of which has reached a support level. It is important that price has also left behind Liquidity and imbalance which it might seek to take.
It is therefore safe to look for longs now. But Remember, the only thing you can controlis your money and not the market! therefore manage your risk well.
It is therefore safe to look for longs now. But Remember, the only thing you can controlis your money and not the market! therefore manage your risk well.
Note
THE MARKET HAVING BROKEN THE LEVEL 0.60381 SIGNIFIES A DOWNTREND!
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