20 Reasons For Buy NZDUSD

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
1:✨Eagle eye: after forming a church in 2007, the price is currently in sideways to upside
phase yet grab all bearish liquidity and now ready for a bull move in my point of view based on the 12-month chart
2:📆Monthly: clear downtrend here, but the last low is not all its lower high, so the downtrend is halted here in this tf price is officially sideways
3:📅Weekly: price breach recent OB also breach recent pullback, so probability it may go up to premium area or extreme OB so we can open only buy positions in this pair in coming weeks
4:🕛Daily: Invert head & shoulder taking support at weekly

😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bullish
6: 2 Pattern Candle Chart: Inverse Head & Shoulder
7: 3 Volume: Massive Volumes on Buy Candles good for bulls
8: 4 Momentum UNCONVENTIONAL Rsi: sideways to bullish zone
9: 5 Volatility measure Bollinger bands: It starts squeezing. Now let's see Which side breakdown occurs, but then a high chance it can be the bull side
10: 6 Strength ADX: bullish DMI in strengths kiss and cross but overall sideways
11: 7 Sentiment ROC: this week, NZD is most vigorous in the central basket, and USD is the weakest

✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish
13: entry move: wait for fill the Recent FVG overall market is in a proper uptrend in h4 tf
14: Support resistance base: protected lows back to back
15: FIB: waiting

☑️ final comments: wait until the price touches the recent support area when reached here; you need to wait for a trendline breakout and buy
16: 💡decision: Buy
17: 🚀Entry: 0.6234 estimated
18: ✋Stop losel: 0.6199
19: 🎯Take profit: 0.6363
20: 😊Risk to reward Ratio: 1:3.5
🕛 Excepted Duration: 3 days


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