NZDUSD is currently moving in a downward channel and we are approaching the lower bank of the channel before the price gives us a bullish reversal confirmation which we will watch closely in the lower timeframes.
My theory is that the price will give us a double bottom in the hourly timeframe and THAT will be my queue to execute the buy entry and hold until I bag some 350 pips.
Goodluck to you all
My theory is that the price will give us a double bottom in the hourly timeframe and THAT will be my queue to execute the buy entry and hold until I bag some 350 pips.
Goodluck to you all