Nzd/Usd - Bullish Reversal After Liquidity Sweep

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Nzd/Usd - Bullish Reversal After Liquidity SweepNZD/USDOANDA:NZDUSDHamza_GoldLiquidity Sweep observed below the recent weak low, indicating a potential stop-hunt and smart money accumulation. Break of Structure (BOS) and multiple Change of Character (CHoCH) signals suggest a shift from bearish to bullish market structure. Price has shown a bullish CHoCH after the liquidity sweep, aligning with a potential trend reversal. Entry: Entry Zone: ~0.57462 (Marked with blue arrow) Price has just broken above the minor range high, confirming bullish intent. Targets: TP1: ~0.57790 – Aligns with the nearest resistance zone. TP2: ~0.58090 – Retest of a strong high and major resistance zone. Stop Loss Suggestion: Below the swept liquidity low, ideally under 0.57300 (weak low), to protect against a deeper pullback. Key Concepts Highlighted: CHoCH (Change of Character) – Shift from bearish to bullish trend. BOS (Break of Structure) – Confirmation of direction change. Liquidity Sweep – Possible smart money move to trap sellers. Resistance Zones – Marked areas for potential profit-taking. Bullish Bias Justification: Price action has swept liquidity, formed a higher low, and broken previous lower highs. CHoCH confirms shift in momentum; likely targets are previous supply zones (TP1 & TP2). Favoring long setups while structure remains bullish above weak low.