9 SYNOPSIS FOR NZDUSD BULLISH INCITATION

٢٩ أبريل ٢٠٢١

THE MARKET PROVIDE 9 REASON TO TAKE A LONG OPPORTUNITY...
TECHNICAL ANALYSIS...
1.Price nearly 0.72 psychology level...
2.dynamic support EMA 50...
3.trend line support an upward move..
4.Wave 5 complete now we having intermediate wave c to complete ABC pattern...
5.Retest the neckline formation of m or w inducement and its retrace...
6.break out structure confirmation of bullish momentum....
7.rally base rally inside imbalance move of bulls SHOW IN 1H..
8.declaration of a volume which is inverse to a candle which is formed as a panic candle without fundamental acquire
9.APPROVAL RISK TO REWARD ...

COMMITMENT OF TRADERS..
USD is getting weak due to having -2.5k shorts n long of unloaded shares both non commercials and commercials ...
NZD is getting strong due to having 1.2k additional long in non commercials ..

my analysis base in PUREPRICE ACTION,,WAVE,,LAWS OF WYKCOFF AND COT UPDATE,,,,

CAUTION,,,,determine your risk to reward