NZDUSD is sitting on key level support in line with the bullish momentum. Price had just braked out on the recently created inside bar pattern, a consolidation-continuation pattern in the market. An ideal entry is a buy stop above the high of the pinbar and we have enough room for a decent risk to reward ratio. Trade Safely.
Inside bar pinbar resulted a breakout inline with existing short term bullish momentum on key level support.
Trade closed: target reached:
trade already closed right before the target was hit for a profit of 2:1