NZDUSD Long Analysis 08/07/2024
NZDUSD been a while since i posted.
market trend is continuing upwards, you can see a bullish orderflow going on. htf demand area sitting around the .618 and 0.5 fib level got retraced and has moved up a hundred pips.
just need a ltf confirmation for entry, you'll for sure find one during London session and personally i would hold until the -0.272 fib level because i usually experience pullbacks from that level (0.63030 is a good price target imo).
i expect a breakout+retest at the trend line.
this is just an idea.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.