Get started
Linton_White

Expecting a Rally Soon

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Linton_White  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis NZDUSD nfp nfpday newzealanddollar correction nzdusdlong nzdusdanalysis
3
1
trendanalysis chartpattern waveanalysis nzdusd nfp nfpday newzealanddollar correction nzdusdlong nzdusdanalysis
Looking at NZDUSD H1 time frame, we can see that price is currently trading in a correction. This is a bullish correction formation at this point in time which indicates that we should see a break to the upside. I am looking to trade wave 4 to the top of the structure and will then wait for confirmation of a break to the upside or a reversal to complete wave 5 first.

Happy trading!

Linton White
JP Markets
South Africa
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.