NZD/USD 18/7/2017 Simple setup by price action analysis

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Simple setup by price action analysis
No indicator, naked chart

-Price hit the support line and retesting it
-Price has broken the down channel
-Hammer candle appears

Price will continue to rise
Using a smaller time frame to get good entry points
R:R about 1:3

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Update H4 chart:
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Trend Analysis

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