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theselfishtrader
Apr 8, 2020 10:07 PM

Bullish breakout idea Long

New Zealand Dollar/U.S. DollarFXCM

Description

Price has made a small bullish trend within the recent range (directly after a false breakout)
An inside bar has formed right at resistance (4H timeframe)
RSI not overbought
Both ADX and DMI+ above 25

The play is to take advantage of the likely breakout to the upside

*With tomorrow being the last day before the Easter break, it is possible we see very little follow-through tomorrow.
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