NZD/USD is showing a clear bullish structure across multiple timeframes:
Weekly: Overall trend remains bullish.
Daily: Structure flipped bullish on July 23, 2025, confirmed by a strong bullish engulfing candle.
4H: Also aligned bullish, adding further confluence.
We are now anticipating a retest near the previous Daily Higher Low (HL) — likely around a round psychological level. This zone may offer a textbook HL formation and a high-probability long setup.
📍 Potential Trade Plan
Entry: Around 0.6000
Take Profit: 0.6160
Stop Loss: 0.5960
⚠️ This is not financial advice. Please do your own research and analysis before entering any trade. I am not responsible for any potential losses.
Weekly: Overall trend remains bullish.
Daily: Structure flipped bullish on July 23, 2025, confirmed by a strong bullish engulfing candle.
4H: Also aligned bullish, adding further confluence.
We are now anticipating a retest near the previous Daily Higher Low (HL) — likely around a round psychological level. This zone may offer a textbook HL formation and a high-probability long setup.
📍 Potential Trade Plan
Entry: Around 0.6000
Take Profit: 0.6160
Stop Loss: 0.5960
⚠️ This is not financial advice. Please do your own research and analysis before entering any trade. I am not responsible for any potential losses.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.