Continuation?
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BUY NZDUSD

I think that it will go up from here towards next supply level at 0.7200.
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That should interest you

SELL NZDUSD
RSI Divergence
Pair of New Zealand Dollar priced in US Dollar has been in strong uptrend since November. Today candle is in red colour, so new higher high could be made at the end of day. If it will happen, there would be RSI divergence. On price chart there would be higher…
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SELL NZDUSD
Rounding Top
Quotations of NZDUSD has been rising since beginning of November. First part of move had a lot of strength and candles were making very steep line. But for a few days price started to rise less quickly and highs and lows are closer and closer. This is beginning…
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To small R/R ratio in my opinion..
You are right, better entry would be touch trade from blue rectangle without waiting for confirmation. Still gives pretty high probability of reaction and RR would be more than 1/2