EUR_NZD has reached a confluence of support lines, thus I am bullish and I am looking to enter a long trade. For us to enter a long trade, we need to see the conclusive breakout of the resistance of the minor falling channel. Wait for the confirmed breakout, go long on pullback, and Enjoy 4:1 risk reward. IF there is NO breakout-setup is invalid. And we do NOT enter a long.
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