Niverto
Long

Strong weekly demand zone to target

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
30 0 3
Potential area to watch for a Long opportunity.
Price is actively seeking liquidity and pointed its move to the a strong weekly supply area (above in black).
On the lower timeframe (H1) I have an opportunity to enter on a better price at a demand zone and targeting the above weekly demand area with a nice 3:1 Risk/Reward.

Also note the confluence with the 78.6 Fib retracement confluence

Keep it simple and happy trading
United Kingdom
United States
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out