NZDUSD Watch For Buy Setups

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

評論:

Higher time frame outlook:

評論: