JasonGraystone

NZDUSD Breakout with false sell off test

Pembelian
FX:NZDUSD   Dollar New Zealand / Dollar AS
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
Komentar:
Profit target hit

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