xEbenx

NZDSGD - Support or Breakout?

xEbenx Updated   
OANDA:NZDSGD   NZD/SGD
Drawing Legend:
  • Red Rectangle: Resistance
  • Blue Rectangle: Support
  • Yellow/Orange: Bear/Bull Activity

What I see on this pair is possible support near this level since before there was a bullish spike; just look left.

We are viewing the start of this month ONLY to test our theory. This is not a trade signal and is for educational purposes only.
Trade closed: target reached:

Support has been shown by that Bullish Engulfing candle, with a nice re-test of our trendline drawn. If you liked this idea, leave a like, comment, or subscribe to see future idea's I may have.
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