piphunters
Long

NZDUSD: Buy breakout

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
1038 14 38
The pair is breaking out of the corrective structure to the upside providing a good opportunity to buy after a confirmation of break, right now there is also a chance that it may go down to complete an expanding triangle but I will be buying as soon a confirmation of a break is noted to me.
Comment: The setups posted here are not trade calls and are intended for informative purpose only and I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.

Wish you good trading!
Yeh. Very good set up. Now we have to wait for a daily close and hold above that line for a long !
+1 Reply
piphunters waterman
thanks
Reply
If it doesn't fall under 0.67 this can be an explosive rally.
Reply
piphunters IvanLabrie
exactly, hoping that we get a good ride!
Reply
YES
NZDUSD Breakout play Bullish

+1 Reply
piphunters AlexxChan
good luck mate
Reply
Wendel1 PRO piphunters
Sorry, I am a beginner.
What is a confirmation of a break for you? Thanks
Reply
piphunters Wendel1
well there are several approaches to it and not easy to explain it here in a thread
Reply
I see you have a lot of breaks of corrective structures, where do you put your stops and take profits?
Reply
I don't keep them at a fixed point, for me it all depends on the risk appetite and risk reward ratio I am looking for.
Reply
ztokar piphunters
What I mean is, Do you put your stop under the corrective structure or behind the breakout candle?
Reply
structure, not the candle
Reply
Any updates on this one?
Reply
it's not going anywhere at the moment
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out