NZD / USD Gap to fill on the 4H timeframe
I'm looking at going long on NZD / USD this week if my entry point is reached.
We can see a gap to fill on 27th february and we are currently in a strong support zone which gives this pair a good chance of bouncing off this support as it has done in the past many times.
I expect the pair to move down first towards my entry at 0.60679, this entry price is a premium entry price and has very low risk based on the 4H timeframe.
Entry : 0.60679
Stop Loss : 0.60601
Take Profit : 0.61472
We can see a gap to fill on 27th february and we are currently in a strong support zone which gives this pair a good chance of bouncing off this support as it has done in the past many times.
I expect the pair to move down first towards my entry at 0.60679, this entry price is a premium entry price and has very low risk based on the 4H timeframe.
Entry : 0.60679
Stop Loss : 0.60601
Take Profit : 0.61472