NZD/USD | Potential Upward Movement 🚀
Technical Analysis:
The price posted a double bottom at the end of the correction and around the 50% Fibonacci retracement level. Now, it is trading above the neckline of this pattern where we believe it will get stuck there and then a rally all the way up to the target profit.
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Trade Idea:
Buy Limit Order @ 0.7276
Take Profit @ 0.7305
Stop Loss @ 0.7261
Trade Safely 🙂
The price posted a double bottom at the end of the correction and around the 50% Fibonacci retracement level. Now, it is trading above the neckline of this pattern where we believe it will get stuck there and then a rally all the way up to the target profit.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit Order @ 0.7276
Take Profit @ 0.7305
Stop Loss @ 0.7261
Trade Safely 🙂
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t.me/tradewithpatfree
🗣 Our Website :
forexrobotnation.com/
📡 Our Youtube Channel :
www.youtube.com/c/tradewithpat
✔️ Our TikTok
tiktok.com/@tradewithpat
