NZDUSD ANALYSIS- Decision point

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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. 快照

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.

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Have a wonderful and profitable day! ❤️

- ProfitalzTrading
Chart PatternsTechnical IndicatorsNZDUSDpriceactiontrendTrend Analysis

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