LONG NZDUSD

Pros

• Above a resistance level.
  
• Resistance level tested 4th times.
  
• Divergences on DXY.
  
• Divergences on h4 timeframe.
  

Cons

• Strong dollar.
  
• The strong of the last bearish impusle.
  

Stratregy

• Buy a half at a market price, and the other half when the HCH is complete.
  
• I prefer to put the take profit at the pivot point 0.7170-0.72(correction of 38.2%) instead of the top of the channel.