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NZDUSD Trade Idea

Panjang
Dolar New Zealand / Dolar A.S. (FX:NZDUSD)  
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FX:NZDUSD   Dolar New Zealand / Dolar A.S.
Trend Analysis NZDUSD nzdusdlong nzdusdtrade nzdusdbreakout priceaction breakout
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trendanalysis nzdusd nzdusdlong nzdusdtrade nzdusdbreakout priceaction breakout
Possible long opportunity for NDUSD.
Possible TP line:
TP 1: 0.75645
TP 2: 0.76294
TP 3: 0.76640 (Next level of daily structure/resistance)

Exercise caution please
Komen:
No clear break yet but still on the right path. We're now seated on the 50% fib level
Komen:
About to test the low ascending trend line
Komen:
We've bounced off the lower ascending trendline.....waiting for the break and close of the upper descending trendline before going long. Patience is all we need
Komen:
Looks like price actions wants to create a double bottom, but lets wait to confirm that first...Analysis still on point.

If price goes lower than the previous support structure then we'll have to adjust the analysis
Penafian

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