As you can see the price of nzdusd is going to retrace to the downside before its major impulse to the upside . price has already made 3 touches already on the below trendline signaling the impulse to the upside after the double bottom which will be formed . thankyou
The price has broken the 4hr trendline therefore the price is going long until the first take profit then retracement be4 continuing to the second take profit zone...... Happy trading