This butterfly on NZDUSDis flying within solid support and resistance levels presenting a potential sell opportunity in the short term and a long opportunity long term. Take note of upcoming news events later today; GDP, FED SPEECH, CPCE and USD and Building Permits on NZD later tonight.
Good luck
Trade closed: target reached
TP 1 reached on D point buy trade. Profit = +64pips
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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.