NZDUSD is looking good for a bullish move to create new highs. I posted a screens shot of the area I'm looking to enter on. Decided to give a nice top down analysis on why I am expecting a bullish run.
Looking at a pretty clean setup for a buy. Overall we have multiple time frames showing bullish market flow. Waiting for price to come into this Lower time frame level of demand before entering.
Overall Weekly daily and H4 all showing bearish momentum. Price on H4 had transitions bullish but ended up break structure to the downside again right after. Looking for price to drop after pullback into this Supply zone in confluence with 78.6 Fib level. Target 1 will be the Low , Target 2 Is -27 extension and target 3 is -61.8 extension.
