NZDUSD on Key Level Support
Updated
NZDUSD is sitting on key level support in line with the bullish momentum. Price had just braked out on the recently created inside bar pattern, a consolidation-continuation pattern in the market. An ideal entry is a buy stop above the high of the pinbar and we have enough room for a decent risk to reward ratio. Trade Safely.
Comment
Inside bar pinbar resulted a breakout inline with existing short term bullish momentum on key level support.Trade closed: target reached
trade already closed right before the target was hit for a profit of 2:1
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