OK so we are at the point of either break out for a move higher, personally i would like to see this pair move back down into the channel for one more before the larger upwards move ABCDE formation within what could be seen as an ending diagonal

watch the price action if we get a strong move back into the channel the set-up will have added confluence for an impulsive wave to the downside.

Trade safe not one trade should make or break your account. JC
NZDUSD

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