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NZDUSD upward out break or consolidate
New Zealand Dollar / U.S. Dollar
Short
NZDUSD upward out break or consolidate
By newbietrader_TZW
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Jun 5, 2021
2
Jun 5, 2021
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
newbietrader_TZW
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