Don't forget to hit like and leave comment down below! 👍
Hello traders!
Here are my thoughts on NZD/USD.
NZDUSD came to a decision point. As you can see on the weekly, price has been in strong uptrend creating H's and L's. We had a huge rejection with long wick either, rejecting buyers.
On the daily we came to a decision point, where price is coming to support and TL. If we see a confirmation, we will enter long trade, but if support and TL will be broken, I will enter short position.
📈📉Trends: ⏳ Weekly- bullish ⌛️ Daily- bearish
🟣 Purple zone - Weekly key level 🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦