NZDUSD Long Analysis 08/07/2024

7월 7일

NZDUSD

been a while since i posted.
market trend is continuing upwards, you can see a bullish orderflow going on. htf demand area sitting around the .618 and 0.5 fib level got retraced and has moved up a hundred pips.

just need a ltf confirmation for entry, you'll for sure find one during London session and personally i would hold until the -0.272 fib level because i usually experience pullbacks from that level (0.63030 is a good price target imo).

i expect a breakout+retest at the trend line.

this is just an idea.