NZDUSD - Where To Next?

9 Şub 2023

In our last NZDUSD post, we identified that we were in Wave 2 correction. We are now on the final leg of the correction but we can capitalise on this final short.

Trade Idea:
- Watch lower timeframe for reversal using trendline break, BOS, fib rejection etc.
- enter with stops above the correction
- Target the structure level indicated (200pips), taper positions thereafter

Goodluck and as always, trade safe!

9 Şub 2023

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NZDUSD Daily