If NZD breaks and closes above channel with at least 100% volume go long on the close with 1x ATR tp and 1.5x ATR sl. If while in the trade and price reverses and closes back in the channel, exit the trade. Take half off at 1 ATR and move sl to break even. trail the stop if other half of trade continued to move in our direction. (*75%-99% average volume trade only 1/2 position size to reduce risk.)
Trade closed manually:
NZD closed back in the channel as well as below the ema. Closed for a loss.