NZD/USD 4H Bullish Continuation SetupNZD/USDOANDA:NZDUSDAwaissmcNZD/USD is showing a clear bullish structure on the 4H timeframe, with price continuing to respect the ascending trendline and forming a series of higher lows. The recent bullish momentum has pushed price above the Bollinger Band midline and toward the upper band, indicating that buyers are currently maintaining control. The highlighted Fair Value Gap (FVG) around 0.5867–0.5875 is an important area to watch. A controlled pullback into this zone followed by a bullish reaction could provide confirmation for another move higher. The chart projects a potential continuation toward the major resistance/target area around 0.5993, which is also an important psychological level near 0.6000. The bullish scenario remains valid as long as price continues to hold above the key support structure and the ascending trendline. A strong rejection from the FVG could strengthen the continuation setup, while a decisive breakdown below the trendline and recent swing structure would weaken or invalidate the bullish bias. Risk Management Tips • Risk only 1–2% of your trading account on one setup. • Don’t enter simply because price is moving quickly upward—wait for a pullback and confirmation. • Place your stop-loss beyond a logical invalidation level, such as below the FVG/support or recent swing low. • Avoid placing your stop too close to the entry, as normal market volatility can trigger it before the move begins. • Consider taking partial profit near important resistance instead of waiting for the entire position to reach the final target. • Aim for a minimum 1:2 risk-to-reward ratio when the market structure allows it. • Once price moves strongly in your favor, consider protecting the position by moving the stop toward breakeven. • Never increase your position size to recover a previous loss. • If the ascending trendline and key support are decisively broken, respect the setup’s invalidation rather than holding onto the trade emotionally. Technical bias: Bullish continuation Key zone: 0.5867–0.5875 FVG Major target: 0.5993