NZD/USD - Potential Buy at Reentry MHV H1

Technical analysis based on Basic BBMA strategies ( Bollinger Band and Moving Average) . This is just a prediction where the market go. TAYOR.

Potential Buy
Entry point: Reentry MHV 0.71051
Cutloss : When CS able to close and break Low BB as Momentum Sell.

Comment:

Deduction : The reentry zone is actually reentry buy after CSM. It has good CS Reject MA Low 5&10 but was beaten by a closed strong Bearish CS. At the same time it able to break mid bb. Since it break mid bb i guess the price would look for Reentry MHV. So i just set PO Buy at MHV as entry point. And will cutloss if there any strong Bearish CS able to close Low BB. Good luck.

Trade active:

Hit TP 2 44pips. Can take profit now of hold set Break Even until price reach TP 3.

Trade closed: target reached:

Hit TP 3 65pips. Those who hold set BE.