So it looks like after our more most recent news event we had a massive push to the upside for price, looking like we could have some momentum to the upside for a while. Within that push to the upside we had a Higher High and Higher Low being formed and now we are currently sitting with our fib structure setup. Down below are the confirmations for me getting into this setup.
Confirmations:
- AUD & NZD strength bias
- Structure continuation to the upside
- Possible 3rd trend line touch
- Within the fib buy zone
Confirmations:
- AUD & NZD strength bias
- Structure continuation to the upside
- Possible 3rd trend line touch
- Within the fib buy zone