NZD/CAD 4H
Price is showing clear bullish momentum followed with early buyer liquidity.
Once price sweeps early buyer liquidity and fills the imbalance i will be looking to enter a buy positions targeting multiple areas of liquidity with my final target being set at 0.84330,# NZD/CAD 4H Analysis
## Key Points:
– **Bullish Momentum**: The NZD/CAD pair is currently exhibiting strong bullish momentum, indicating potential upward movement in price.
– **Buyer Liquidity**: Early buyers have established liquidity that the price may need to sweep before a definitive move upwards.
– **Imbalance Filling**: A key strategy involves waiting for the price to sweep early buyer liquidity, which would also help in filling the imbalance in the market structure.
– **Entry Strategy**: Once the conditions are met (early buyer liquidity swept and imbalance filled), a buy position will be executed.
– **Target Areas**: The target will be multiple areas of liquidity, with the final target set at 0.84330.
## Conclusion
In summary, the current analysis of the NZD/CAD 4H chart suggests a potential opportunity for entering long positions following specific market conditions being met. Monitoring liquidity levels and imbalances will be critical in executing trades effectively. The final target of 0.84330 highlights a bullish outlook, but traders should remain vigilant of market volatility and adjust their strategies accordingly.
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