On NZD/USD, we’re going to wait for clear structures (setups) that allow us to validate a buy entry. Those who decide to enter directly can do so at their own risk, but I suggest waiting and dropping to lower timeframes in order to get a better entry, maximize profits, and protect the trade as you've been taught. I see a favorable scenario for buys and I hope you can take advantage of it strategically to capture movement and generate profits. Patience, risk management, and precision.
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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.