NZDUSD 25th OCT 2023: Bullish setup

NZDUSD is on a bullish train, price has shown a very strong willingness to go higher. I have marked out a zone and waiting for price to retrace into the zone. So as to hit the target above the monday high. DYOR, I hope you also share your idea on the comment section. And let me know if you want more understanding on why I'm doing this.

הפקודה בוטלה:

Market retraced into zone but didn't' give an entry reason. So it was a trade taken. I wanted to see a market willingness to go higher during the time it traded into that zone. However, market was bearish today.

עסקה פעילה:

Setup has formed, entry signal noted. In for the trade on a 4:1 RR