NZDUSD - Trading The Range 🌊

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

NZDUSD has been trading inside a big range between 0.587 and 0.605 and it is currently sitting around the lower bound so we will be looking for buy setups.

NZDUSD is in the making of a potential double bottom pattern, but it is not ready to go yet.

🏹 For the bulls to take over, we need a break above the gray neckline at 0.5932

Meanwhile, until the buy is activated, NZDUSD can still trade lower.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich