NZDUSD continues to move upward

Jan 12

Hello everyone, we can see that NZDUSD has briefly touched the daily trend break line and formed a double bottom. We can consider going long at this point, as there is a good opportunity for a breakthrough to new highs.

Jan 12

Trade active

Let's open a position; set the stop-loss at 0.6180. We'll hold off on setting a take-profit for now and wait until we observe an H4 engulfing pattern before closing the position.