NZDUSD - Long opportunity

16 באוק׳ 2021

Looking at NZDUSD on 4H time frame, long side opportunity opened up at level pointed by the arrow and the chart is telling me that price will reach the upper level. It is a 1:3 RR trade. Even now, traders interested in this pair, can hop in when a retrace occurs.

Study for my reference. Feedback welcome.