NZDUSD TRIANGLE FMFR

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NZDUSD TRIANGLE FMFRNew Zealand Dollar / U.S. DollarFOREXCOM:NZDUSDThEDeViL18NZDUSD is currently compressing within a symmetrical triangle pattern, signaling a buildup of liquidity before the next impulsive move. Price has broken below the lower trendline, suggesting that the market may seek liquidity resting beneath the recent lows before establishing its true direction. The highlighted demand zones are key areas to monitor for a potential liquidity sweep (L-Sweep). My primary focus is on seeing price sweep these lows and then print a strong bullish confirmation pattern, such as a bullish engulfing candle, market structure shift, or displacement move. This would indicate that sellers have been trapped and buyers are stepping back into the market. The first demand zone may provide the initial reaction. However, if price fails to deliver a valid bullish setup from this area, I will be watching the deeper demand zone for a stronger liquidity grab and higher-probability reversal opportunity. A confirmed bullish pattern after the sweep would support a move back toward the triangle resistance and potentially higher levels. For now, patience is required. The setup remains valid only after liquidity is taken and a clear bullish confirmation appears. Until then, further downside movement into the demand zones remains a possibility before the next bullish expansion begins.