NZDUSD Retracement completion, potential bullish impulse move
NZDUSD has completed 50% Fib retracement closing with pin bar on 4hr Timeframe. potential breakout of descending triangle(consolidation area) to the upside. I'm expecting bullish impulse move. Overall market structure seems to be favouring bulls. Buy Stop at consolidation breakout point, waiting for completion of consolidation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.