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JureKrasovic
Jan 15, 2021 8:50 AM

NZD/USD at rising support Long

New Zealand Dollar/U.S. DollarFXCM

Description

NZD/USD is bouncing off the rising support. Need it to be confirmed again before looking for a long position, waiting for the current 4H candle to close. If the entire body is above it, treating it as a signal for a long bounce towards the indicated resistance.
Only taking the trade if the support is confirmed, as I saw a few comments addressing this in my previous ideas. This is a more risk-averse approach to trading that I take.
Good luck.
Comments
Brain_haddin
Same bias over here, thanks for sharing bro!
JureKrasovic
@Brain_haddin, Sure thing! Thank you.
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