An interesting idea is in the works on NZDUSD. The pair is, overall, still bearish despite the consolidation and the high-probability for bull-run.
My assessment concludes that the pair should heavily go down again but not before a deep bullish retracement could happen. In other words, to continue down, the pair needs a vital momentum and this particular momentum seems present at the shaded are of Supply & Demand Imbalance.
Although buying opportunity is present, the selling opportunity is less risky, more probable with high risk-reward ratio.
There is a high probability that price will play out as indicated on the chart.
Happy Trading ______ *This information is for entertainment purposes only and shouldn't be construed as investment advice.