nzdusd possble trend reversal
price was at a very strong support where it immediately bounced off and started making bullish moves in the lower timeframes.
i have taken this trade due to 2 confirmations
1) price made a sharp turn on the support and made countinues bullish moves
2) engulfing candle stick on the 4hr
i have taken this trade due to 2 confirmations
1) price made a sharp turn on the support and made countinues bullish moves
2) engulfing candle stick on the 4hr
Trade active
this trade is finally in profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.