NZD/USD is bouncing off the rising support. Need it to be confirmed again before looking for a long position, waiting for the current 4H candle to close. If the entire body is above it, treating it as a signal for a long bounce towards the indicated resistance.
Only taking the trade if the support is confirmed, as I saw a few comments addressing this in my previous ideas. This is a more risk-averse approach to trading that I take.
Good luck.
Only taking the trade if the support is confirmed, as I saw a few comments addressing this in my previous ideas. This is a more risk-averse approach to trading that I take.
Good luck.
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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.