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NZDUSD H4: BULLS H*S pattern BUY LOW TP +250 pips (SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as LONG because I expect more gains after neckline reversal at 6220
🔸 Summary and potential trade setup ::: NZDUSD 4hour chart review outlook ::: H*S speculative setup ::: expecting NZD to outperform ::: after neckline re-test near 6220 ::: will boost NZD after pullback ::: expecting reversal after neckline bounce ::: after we complete throwback/pullback ::: 6220 BEARS targeting neckline of structure ::: BULLS stay out and buy low instead ::: recommended strategy: BUY LOW near 6220 ::: SL 50 pips TP1 +150 pips TP2 +250 pips ::: 6460/80 strong resistance overhead ::: BULLS will target re-test of LEFT/RIGHT structure ::: BULLS should BUY/HOLD 6220 exit +250 pips ::: BEARS wait until we max out near 6460-80 ::: and get ready to SHORT from S/R ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: N/A ::: 5680 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS/PULLBACK ::: Sentiment outlook mid-term: STRONG BULLS ::: Global Sentiment: neckline bounce / will boost NZD
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