Note that this is base on my own PA analysis, there's no 100% guaranteed in trading please analyze it with your own strategy too. There's no trend in daily TF, the price just go up and down into the consolidation/range area so trade at your own risk traders! We are expecting a buy trade here with the right timing in smaller timeframes, just wait for the retest...
note that this is base on my own analysis, bare in mind that there's no 100% guaranteed in trading check to your own analysis too. Seems that the buyers are getting weaker now there's a possibility that sellers will coming soon and that would be a great opportunity to sell long. If this trade goes within our analysis we will look for the next sell opportunity...
Note that this is base in my PA analysis, There's no 100% guaranteed in forex you need to analyze it in your own. NZDUSD seems to break the consolidation or the ranging area and it pass through the resistance zone. If you're an aggressive trader buy in the breakout. For safe traders wait for strong wick rejections, pullback, engulfing candles in the previous...
Note that this is my own PA analysis. There's a strong resistance above the price and a wick rejection so I expect a short sell before retracing back again into bullish trend I'm a trend follower trader so I will not trade this one instead wait for the pullback to open a buy trade. Cheers!
Note that this is base on my own price action analysis. Daily timeframe - seems to be a good and stable bullish trend. 4H TF - seems to exit the consolidation you can enter now if you're an agressive trader but for safe traders wait for some rejections/pullback. This is not an exact buy signal, look for entries in smaller timeframes. Cheerss!