Long Position NZDUSD 4H

Updated
Long position established on the NZDUSD 4H

Price has recently made new highs

Bullish trendline touched and held +3x

Retracement to the 50% Fibonacci level

Price held at an area of previous structure support

MACD signal line just about made a new high relative to the most recent push higher by price

Bullish pin bar held at the 50% retracement followed by a higher high, higher close.

Entry price: 0.68441

Stop loss: 0.67940

Take profit: 0.69833
Trade closed manually
Closed half position at 382 retracement 0.68933

+0.35R
Trade closed: stop reached
Stopped out for break even on second half of position.
Bullish PatternsBullish Trend LineFibonacciFibonacci RetracementhigherhighNZDUSDnzdusdbullishnzdusdbuynzdusdlongsupportSupport and ResistanceTrend Lines

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