TheSignalyst

NZDUSD - Wait For The Trigger 🏹

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello TradingView Family / Fellow Traders,

On 4H: Left Chart
NZDUSD has been bullish trading within the flat wedge pattern in red and it is currently hovering around the lower bound.

On 1H: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the neckline highlighted in gray.

📉 Meanwhile, NZDUSD would be bearish short-term and can still trade lower inside the daily support.

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

This analysis is done using RichTL
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