NZDUSD upward out break or consolidate

H4
  • Out break of ascending channel and currently retesting the upward trendline resistance
  • strong support at the bottom area ( yellow zone )


What to do now?
  • Short the market if you are a radical treader
  • For conservative method is waiting for the break out of the yellow zone
  • The risk and Reward ratio will be 1:1.5
  • Do your proper risk management
Chart Patterns

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