Almost same idea on my previous analysis of NZDUSD.
Confluences:
2 daily candles reversal confirmation to the upside.
Multiple rejections on the downside with weekly trend line support and monthly S3 barrier on SL.
Trendline break on the 4 hour timeframe.
Higher risk:reward ratio in case we are wrong, losses are lower than profit.
BUY ENTRY: 0.6615
TP1: 0.6665
TP2: 0.6715
TP3: 0.6775
SL: 0.6505