NZDUSD Buy Idea
W1 - Potential up move possible based on the two cycles (Big and short term one). Breakout of the range after the first leg with momentum.
D1 - Double wave correction to the breakout line.
H4 - Price broke above the channel and bounced. Now trading inside a channel. Currently near the bottom of this channel 61% fibo.
H1 - We have bullish divergence.
D1 - Double wave correction to the breakout line.
H4 - Price broke above the channel and bounced. Now trading inside a channel. Currently near the bottom of this channel 61% fibo.
H1 - We have bullish divergence.
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