NZDUSD LONG
NZDUSD has been in a downtrend for quite some time, price then failed to create a lower low which is an indication of possible change in trend. Currently price as broken passed a resistance level with multiple touches thereby creating an higher high. On the look out for pull back into fib levels and bullish reversal candle stick pattern for entry.
Risk is 0.5% of my account.
Risk is 0.5% of my account.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.