Currently set to No Index
Currently set to No Follow
Tue, Mar 19, 2024

+1165 Points Profit Reached Successfully in NZD/USD Buy Signal
1 mins well spent

NZD/USD Analysis : 

NZD/USD has moved in a downtrend by forming Lower Highs and Lower Lows in H4 Chart.

Now, market broken the top zone of the downtrend line, Re-tested the breakout and starts to move up.

After the confirmation of upward movement, NZD/USD Buy signal is given.

Education note :

Uptrend = Higher Highs and Higher Lows

Downtrend = Lower Highs and Lower Lows

Why Re-testing the Breakout Level is more important ?

After market Breakout from the range, As per our breakout strategy, If market again Re-tested the previous Breakout level and starts to bounce back, then we can expect big and sharp movements from that Breakout level. This is what happened in this NZD/USD Buy Signal. 

nzd/usd buy signal hits 116.5 pip profit

NZD/USD reached the Take Profit Target Successfully.

If you like to receive the best forex signals at good trade setup, you can Try free forex signals. (or) if you need additional important trade signals with high accuracy, Join now in Supreme or Premium forex signals plan.

If you want to learn trading from 20+ years expert traders, Join forex trading course online now.

Thank you.

Leave a Reply

Your email address will not be published. Required fields are marked *

Also read

85% Offer for Signals

X