Wave-Trader的OANDA:NZDUSD的NZDUSD Buy the breakout

NZDUSD Buy the breakout

Hi there,

I hope you caught the bottom on NZDUSD for longer term. If you are following out weekly market outlook then you know that we were looking for reversal on the NZDUSD.

Finally we are having that now watch for the corrections and keep buying it all the way back to the top.

How you can trade on this chart.

1. Watch for the breakout and buy the breakout

In case price do not break up and keeps pushing lower the trend line slowly then it will not change the breakout setup.

Clearly break below the previous impulse will change the buy setup. If so we will watch for the correction and will look for sell.

Good Luck.

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