NZDUSD 4h analysis ๐ฆ
NZDUSD on the 4h chart after the test of the 0.63750 area retraced to the 0.618 fibonacci level over a support zone.
The price from there started an impulse to the 0.63200 area and is currently testing a 4h resistance.
How can i approach this scenario?
I will wait for a potential break of the area and if that happen i will monitor the market for a nice long order according to the Plancton's strategy rules.
The price from there started an impulse to the 0.63200 area and is currently testing a 4h resistance.
How can i approach this scenario?
I will wait for a potential break of the area and if that happen i will monitor the market for a nice long order according to the Plancton's strategy rules.