Ascending Channel Trend line break on 30 m EURNZD chart.

Channel trend lines drawn. 30 m chart broke trend line. Profit is set at a 4 H resistance level. SL set at previous swing low.

Comment:

I had a 1st TP @ 1.5849 f. I closed out 1/2 of my position for 46 pips. Pair consolidated sideways for awhile so I closed out the second half of my position @ 1.5858 for 55 pips. We have many different strategies to learn on our blog and we are constantly coming out with new strategies for traders to learn every week. Visit us below on the website, Twitter or Facebook