NZDUSD Still waiting?
NZDUSD is breaking out the downtrend line
2 ways to enter:
1.) Wait for H1 close for more conservative trade, enter the trade at the next bar with wider stop-loss
2.) Enter the trade now with reasonable stop-loss (20 pips) and beware of false break as the breakout volume is not significant yet
2 ways to enter:
1.) Wait for H1 close for more conservative trade, enter the trade at the next bar with wider stop-loss
2.) Enter the trade now with reasonable stop-loss (20 pips) and beware of false break as the breakout volume is not significant yet
Note
The take profit area can be around the same level as around the recent peak (key resistance)Trade active
Trade closed: stop reached
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