NZDUSD on Key Level Support

NZDUSD is sitting on key level support in line with the bullish momentum. Price had just braked out on the recently created inside bar pattern, a consolidation-continuation pattern in the market. An ideal entry is a buy stop above the high of the pinbar and we have enough room for a decent risk to reward ratio. Trade Safely.

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Inside bar pinbar resulted a breakout inline with existing short term bullish momentum on key level support.

Trade stängt: målet nått:

trade already closed right before the target was hit for a profit of 2:1