Hey Trading Community! Thanks for all the love on my last ideas and i hope everyone has a great weekend with a nice trading week ahead. We are looking at the NZDUSD where i took a position on Friday. Price is in a range on the daily chart since weeks. The bottom is marked in the grey box and was touched on Thursday again with a spike, indicating a bullish movement. I am expecting a break of this hourly consolidation around the bottom at next week. Let us see how it works out. Im very optimistic as im linking a daily chart below from the bullish trend change and its consolidation. Comment below your opinions and see you guys next time.
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The daily bullish trend with consolidation.
Trade active
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Got back in because News hit the stop on Break Even.
Trade closed: stop reached
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Trading closed last week as our SL with -1% was hit.