theb0x

NU : Retracement before Going Up ?

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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.

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