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Linton_White
Jul 5, 2019 12:29 PM

Expecting a Rally Soon Long

New Zealand Dollar/U.S. DollarFXCM

Description

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
Comments
Buckz
News sure gave the Dolla a Viagra boost ..
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