hello traders.look at the chart in daily,as you see price took the liquidity and after choch in 1hr and breaking this trend line i am waiting for long confirmation around 1hrFVG area.what do you think?
R:R 1.78
“”your follows and boosts encourage me to publish more analysis””
hello traders. in this setup we have CHOCH in 4hr and also in 1.so we can wait for confirmation around FVG area for our long entry.
r:r 1.82
“”your follows and boosts encourage me to publish more analysis””
Looks like market was forming a down channel and has already broken out but expecting some more upside to follow.
Also, with this down channel we see an inverse head and shoulders within which in-turn should breakout to the upside and therefore more upside to be expected with both patterns observed.
Yellow horizontal lines indicate target zones for more...
NZDUSD currently at a support area. The market low is higher than previous market low, shape a higher high higher low , which states that buyers are more than sellers.
TP @ 0.7100
SL @ 0.6920
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