Hi! I would like to share my idea with you related to NZDUSD. I can be wrong but i don't see big potential for continuation down with good RR. We see that formed new chanel, old one broke down. As you know, in such case best selling opportunity will be from top of the chanel. Brake of red line will invalidate idea.
Again, again and again. Just after 58 bars were created, USDTRY started to be attractive for buyers. Clear breakout and close weekly candle above 3.1 open for us way to 3.44 and 3.79. Next week we will see result. ;)
Retest of downside chanel + bullish price action on 4h chart. (Bullish view - up from 200 EMA and 50 EMA)
Seems that we are changinging direction. Bearish channel broken. We made HH. Expect to see pullback to 50 EMA, buy from green box, stop below swing low. Good luck.
Let's fulfill this GAP finally ;D