theb0x

NU : Retracement before Going Up ?

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
152 1 1
NZDUSD             has really gone SUPER BULLISH ..

well based on market movement, it should retrace before continuation of its journey...

Ive identified that the market stop at a nice PRZ area....

Lets zoom in on the trigger chart, and see the potential flag/pennant forming .. so ...

I know market would like ly go bullish .. but a potential breakout on the downside is also favourabl.. if a nice R:R present itself.
nice chart :)
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