NZDUSD Break & Retest

Trade 1
- Wait for a break of resistance (ceiling).

- Wait for a RETEST (where price closes above the previous level of resistance).

- Once price confirms resistance as a new support (floor), it is safe to enter.

- Price doing this is a SHIFT in MOMENTUM.

Trade 2
- Wait for a break of support (floor).

- Wait for a RETEST (where price closes below the previous level of support).

- Once price confirms support as a new resistance (ceiling), it is safe to enter.

- Price doing this is a continuation of an DOWNtrend.

30 pip TP 1

Trail Stop 2nd Trade

When 10 pips in profit, move SL to Breakeven