NZDUSD Long Trade Setup
Updated
NZDUSD traded higher in a 5-wave structure, breaking the previous swing high at 0.5920. A 3-wave corrective structure will give us the additional confirmation for more upside potential. A long trade is favorable with a buy limit order with the 0.5860 - 0.5840 level against the 0.5790 invalidation level.
Trade active
Price made a decent bounce from the key area. We are shifting stops to breakeven on this trade.Trade closed manually
Price came back to tag us out at breakeven.
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