PULEMokhothu

NZDUSD 0.66141 + 0.57 % LONG IDEA * BREAKOUT PATTERNS

Long
PULEMokhothu Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Good Day Everyone

A look at the NZDUSD pair which is currently trading in a descending channel looking for a push up to retest the structures roof since the pair just broke out of a pennant formation. broke above looking maybe for a retest of this structure then continuation to the upside. any reversal pattens and significant moves to the downside will change the whole trading plan lets see how it goes...


Good luck and happy trading everyone


_________________________________________________________________________________________________________________________

ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - DAY TRADE

__________________________________________________________________________________________________________________________


If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
Trade active:
Waiting for that pull back to confirm the move with the bulls on this one....as most indicators are overbought on this one if you took it market execution no stress hold.
Trade active
Trade active:
Looking for a continuation after this pull back.

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.