confirmed structure breakout on pound new zealand

hey traders,

on pound new zealand we see a decent bullish violation of 1.9 level setting new structure high around 1.92
Now the market is in overbought condition so with high probability we will see a pullback to 1.9.
For us this level is a great entry point for buying the market.

my first target will be around 1.96 and second around 2.0

stop loss is 1.845

good luck!

Kommentera:

Down move

Kommentera:

Market closed retesting the broken structure

Kommentera:

bounce from the zone