Kiwi to Fight Back? - NZD/USD Ichimoku Long Trade Setup
The kiwi has started to fight back a little here and is now attempted a kumo breakout.
We are in the middle of a drawback to re-test our trend support at the kumo and tenkan sen.
I am looking for support to hold for a chance to get long as we attempt to rise up and challenge previous price structure resistance.
I've drawn out several partial take profit levels we can aim for along the way to our final price structure target.
If we fail to hold support then this setup may become invalidated.
We are in the middle of a drawback to re-test our trend support at the kumo and tenkan sen.
I am looking for support to hold for a chance to get long as we attempt to rise up and challenge previous price structure resistance.
I've drawn out several partial take profit levels we can aim for along the way to our final price structure target.
If we fail to hold support then this setup may become invalidated.