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MONEYMAKER00
Mar 30, 2021 3:55 PM

NZDUSD ready to push higher for the third leg Long

New Zealand Dollar / U.S. DollarFOREX.com

Description

--->THIS IS SMART MONEY CONCEPTS, NO INDICATORS, ONLY PRICE ACTION<---

->NZDUSD is at a very critical area, where it's ready to push higher in order to create the new Higher High and continue the trend direction.

->If it breaks the previous low / support, then it will probably change the trend direction because it would break the uptrend structure.

->Our confirmation is the 2 minute timeframe Wyckoff schematics (Accumulation), which indicates that the market is ready for the next leg.

->The Risk to Reward at these levels is really great as long the Stop Loss should not be more than 15 pips.
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