VladimirRibakov

NZDUSD Buy Near The Bullish Trend Line

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
I'm following the two up trend lines as seen on the chart. Once the price enters the buy zone I want to see either false break + bullish divergence on M15/H1 or simply a bullish candlestick pattern on H1 for an entry. So we have two options to enter.

Best is to put the protection below the buy zone (below 0.7180 or so).

Use last swing high for your target.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.