With NU flipping bullish on higher time frames my priority was to go long on the pair as long as the smaller time frame could give some type of long opportunity to support the higher time frame bias. NU broke and retested a level of resistance with bullish structures in play to support the long idea. If all goes well we could expect price to tap back into the high and potentially end the week creating a new high. I'll be targeting a 1:3rr on this set up. We'll see how it goes.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.