NZDUSD |HTF Bullish Continuation Correction + LTF CAB Entry :)
NU is definitely one of the cleaner USD pairs we have on watch. We've broken out of the HTF Structure convincingly and we're in the Correction after the breakout currently, which is clear o the Daily timeframe this increases the probability of it playing out. Now we'll be looking for the LTF CAB of this tight daily flag. This is a good case of multi timeframe analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.