If I'm not mistaken, the shortest timeframe showing a recent HD pattern with NZDUSD is the Weekly chart. The Trading Zone started on the Daily and there were 2 entry points so far on the 2 HR chart following a Cost averaging approach.
But yes, it is a Trading Zone on your chart. There is one each time you get a signal from an indicator, as long as you drill down to an 8-12 times lower timeframe to enter trades even if there is no divergence pattern. In your case, I would go and see for entries on the 30 min chart. IMO, HD patterns give a strong edge and raise the probability of success.
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