I think NZDUSD is very interesting. Here's what we saw in the webinar we had this evening.
The pair has a beautiful Head&Shoulders (at least following my trading strategy),which, at the moment, gives us a double possibility: 1. The Neckline breakout; 2. A rebound on the Neckline.
If number 1 occurs, I will wait a rebound on it, where I should insert a limit sell order, to enter the market. If number 2 occurs, I will wait a rebound on the resistance above us, and there, I will insert a limit sell order, to enter the market, with a target first of all on the neckline, and if this level will be broken, I can think about going on, up to the next support level.
Trick
It's very interesting the fact that the Neckline is exactly where two Senkou Span B extensions are. Ichimoku + Price Action is a bomb.
Let me know in the comment below what you think about this pair :-)
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.