NZDUSD Trading Analysis
Kiwi-Dollar has shown signs of retracement. The market conditions are:
1. Change of Character (CHoCH) from uptrend to the downtrend.
2. Confirmation of downtrend price retracement is indicated by Break of Structure (BOS).
3. Sell entry is placed in the recent Supply zone.
4. Stop loss is placed just above the recent swing high.
5. Target the 4 hour demand zone.
1. Change of Character (CHoCH) from uptrend to the downtrend.
2. Confirmation of downtrend price retracement is indicated by Break of Structure (BOS).
3. Sell entry is placed in the recent Supply zone.
4. Stop loss is placed just above the recent swing high.
5. Target the 4 hour demand zone.
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