OPPORTUNITY FOR BUY NZDUSDWe have these indicators for BUY opportunity:
- Support from a Year low level
- Low volume to continue the current direction
- Reflection from the bottom of the parallel channel
- retest 6 Month low and 3 Month low
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
Note: As we can see, this is the first opportunity as a reflection from the parallel channel. Due to fundamental news, there may be one more opportunity in another parallel channel. Please consider this in your trades.