Nzdusd has been on a long uptrend for months. If you analyze on the weekly , you notice that a trend was broken and the setup isn't complete yet. Most recently the pair just broken a trendline form its corrective phase. Only after a proper retest shall it be go for buys.🚩
Ranges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...