H4 - Bullish trend pattern.
Currently it looks like a correction is happening.
No opposite signs.
Until the two strong support zones hold my short term view remains bullish here.
Hi TRADERS this is my trade set up for the NZD/USD for the new week ahead
NZD/USD I am expecting a break out of the daily candle line marked on chart, and will probably get a retest of area then push up, I am expecting a strong 4hr resistance marked on chart, once broken through should reach TP
This is my analysis only please trade with caution and risk...
Pair is in the trend channel in 1D TF and it is at the bottom of channel and most likely will move according to channel!
Moreover, it has reacted well at the POI previously and will most likely follow the move according to SMC.
Hey traders, I hope you're good here is the possible analysis of the NZDUSD . As you can see there's two possible scenarios present on this chart. Main trend shows to be an uptrend and at this moment we see a retracement in form of a flag.
Scenario number 1 presents: If the price is able to broke the red rectangle and retraces on it we can use it as a BUY ZONE...
