NZDUSD Watch For Buy Setups

25 окт. 2021 г.

Hello traders:

As I am bearish on the USD overall, and expecting further weakness in the USD pairs overall.

Here on NZDUSD, we can see price had a strong bullish impulse move up, and price falls into a larger, higher time frame correctional structure.

With a few swings highs and lows, it validates a structure here that can be a continuation correction for further upside.

Latest development on the LTF shows price has impulse out of the the HTF structure, good sign s of further bullish momentum.

Wait for lower time frame bullish continuation to form and complete, then look for entry to the previous highs.

thank you

25 окт. 2021 г.

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Higher time frame outlook:

8 нояб. 2021 г.

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