+752 Points Profit Reached in NZD/USD Buy Signal

Reason for Buying NZD/USD : 

NZD/USD was moving up and down between the ranges in H4 Chart.

Finally, breakout happened at the top level of the range.

After Breakout, NZD/USD Re-tested previous breakout level and bounces up with more number of Buyers Pressure.

This is the reason for Buying NZD/USD

NZD/USD reached our profit Target Successfully.

Education Notes :

Why Re-testing the Breakout Level is more important ?

After Market Breakout from the range, If market Re-test 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 trade.

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Forexgdp Team.

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Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.

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