NZDUSD 2H bullish reentry

29 בנוב׳ 2022

NZDUSD still shows bullish momentum and has broken structure upwards on low timeframes. I believe that it has entered a consolidation range between 6288 and 6154 that we might take advantage of. My setup provides a 1:2 R:R bullish re-entry. NOTE: THIS SETUP DOES NOT GUARANTEE PRICE MOVEMENT. USE PROPER RISK MANAGEMENT