NZD/USD: Where are the Pips Today?

When I look for trade opportunities a look at both, long term and short term charts.
I use both of them because I want to be in the right side of the market, even for day traders its very important to do a quick analysis of the long term charts and look for:

- Clear S&R levels
- Clear swings

When you get them, you can have a clear idea of what the market is doing and what it is likely to
do. 

Today one of the currency pairs with the clears condition in the NZDUSD.

Long Term Analysis

Here is the daily chart:





As you can see, it’s got clear S&R levels plus clear swings… In fact, it is currently trading near an important LT level, so we need to confirm that range in the short term charts. 

But as long as its got clear S&R levels and clear swings, we have a possibility to trade it. 

Short term analysis

Here is what the short term chart looks like:



So we have the NZDUSD trading near an important level, so we need to wait for the market to
break either extreme of the range to start looking for trade opportunities. 

Here is my plan:

If the NZDUSD breaks through the ST resistance level (0.8715) I’ll start looking for long
opportunities. 

If the NZDUSD breaks through the ST support level (0.8654) I’ll start looking for short
opportunities. 

What do you think about my trading plan? Are you going to trade it?