NZDUSD is trading with a larger timeframe channel. Price is now approaching the support of this channel. I predict it to rise from the support level.
I will wait for bullish reversal confirmation for long positions to the resistance of the channel.
In the case where the support gets violated to the downside and see bearish continuation market structures, I will not be interested to enter any position.
Friends, please support me with likes. Thank you.
I will wait for bullish reversal confirmation for long positions to the resistance of the channel.
In the case where the support gets violated to the downside and see bearish continuation market structures, I will not be interested to enter any position.
Friends, please support me with likes. Thank you.