according to weekly timeframe we need a retracement after such an impulse but from daily perspective we have just retraced and broke the resistance to upside.
I will wait till I see some confirmations according to my SWAN strategy.
we can see 2 scenarios for NZD. maybe it is a fake break out and we start a retracement to 0.382 from now on.
or price will go upward to reach its weekly resistance and then make a retracement.
what's SWAN strategy?
It's a powerful swing trade strategy that will help you to find the best pair for trading during next days and allow you to easily migrate between pairs to find the best opportunities as fast as possible. you need just less than 5 minutes to find the best pair😍
after that according to its special confirmations for entry you can find the best entry with perfect R/R and super high win rate😉
this is the power of my SWAN✌🦢
wish you luck & wealth🌹
Multiple Time Frame AnalysisNZDUSD

Penafian