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Simple_Renko

Modified NZDUSD Long Setup

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
Simple_Renko Updated   
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Support and Resistance Supply and Demand Trend Lines
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supportandresistance supplyanddemand trendline
See callout bubbles. Earlier in the week, I posted an idea with a possible NZDUSD setup, but since then a new area of demand for the NZD has formed. We'll need a good selloff with the NZD and/or maybe a little unexpected USD strength, but let's plan to get long in the green highlighted area and ride up to the sellers above.

Always measure your risk and be okay with being wrong ; )
Comment:
We still need that NZD weakness/USD strength, but this entry is still on.
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