VasilyTrader

NZDUSD: Trading Plan

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FX:NZDUSD   紐元 / 美元

NZDUSD is on a corrective structure.
The market has recently reached 0.634 structure resistance
and we see a very strong rejection on 4h.

there is a high chance to see a strong bearish pressure to retest the market low.
for confirmation, I will be waiting for a bearish violation of 0.63 level.
only then the breakout of a bull flag will be confirmed.

Target levels will be 0.628 and 0.626
For stop, I would consider 0.6335 level

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