- Price to take liquidity on the bottom side and move the price up
- fill the market gap on top and then price to move down(after my tp is hit).
- there is 0.5 fib which is likely to hold so where also we might see reversal of the trend but that gonna be very long time. If that happens.
- Currently price consolidating in that range
That my view point guys. If you will take this trade make sure your not risking no more than 2%
May the NZD gods be with us lol and Always have a happy trading year.