NZDUSD - Wait For The Trigger, AGAIN!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

NZDUSD is overall bullish trading inside the flat wedge pattern in red. So we have been trading the range.

Now since NZDUSD is sitting around the lower red trendline we will be looking for buy setups on lower timeframes.

🏹 For the bulls to take over, we need a momentum candle close above the last major high in gray.

We are following a basic price action approach just like the previous examples.

Meanwhile, until the buy is activated, NZDUSD can still trade lower and even break the entire structure.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich