The price is moving in an uptrend, where the price managed to break and close above daily resistance level which is also a last week high, turning it to support level.
My bias is bullish so i will wait for the price to retest support level which is also a 50% fibonacci retracement level, if i can get confirmation i will take a long position.
Trade active
price retested support level then formed a bullish rejection candle before making an impulse move
Trade closed: target reached
AUDNZDaudnzdtradebuysetupCandlestick AnalysisFibonaccilongsetuppriceactionpriceactionanalysisSupport and Resistance

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