TradingView
JasonGraystone
May 31, 2018 6:26 AM

NZDUSD Breakout with false sell off test Long

New Zealand Dollar/U.S. DollarFXCM

Description

After looking bearish for a while on this pair, we have seen a higher low and a break of previous resistance on the higher time frames.
dropping down to the 60 min, we can see this recent bull flag pattern with a false break to the downside followed by a 3 bar reversal candlestick pattern.
Although we have to break above the 7 flat number, this is still a good opportunity that meets my breakout rules.

Entering at market with targets at a measured move 2xrisk

Comment

Profit target hit
Comments
Pete90Maguire
Genius
georgeglover21
Hey Jason did you notice the 240 bearish Cypher?
More