A continuation of the previous post – same forex pair: nzd usd
Price action bar as highlighted in the box.
Pin bar first time back to the confluence of the moving averages is always good.
Entered on the break of the pin as shown in the chart.
Have moved to profit zone already.
Will be trailing it closely
Updates:
Took a profit of 28 pips.
Next bar appears to form a pin. Those who have not taken profit, shift stop loss above the new pin.
