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HashamARehman

NZDUSD - are bulls ready to take hold for 0.7435?

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
HashamARehman Updated   
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Candlestick Analysis PA pat HAR patadmin
4
0
trendanalysis candlestick pa pat har patadmin
Here we are on NZDUSD daily chart and as we can see price has reached towards its important support barrier which is nearly at 0.7200 we have obvious "BUEB" ( Bullish engulfing bar) here on last daily session closing we have three factors support our trade here such as trend which is bullish long term, support barrier and BUEB setup itself. We can enter on this signal depending on our entry strategy. Let's see how market unfolds from here, safe trading!
Trade closed manually:
profit booked on 1R then 2R and now price has reversed and hit break even
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