GBPNZD | New Perspective

Обновлено
With the identification of a reversal structure on the daily time frame coupled with a linear bullish momentum on the 4H time; I am left with no choice but to consider a bullish expectation on the GBPNZD. In this regard, the key level at 1.93 shall be our guide to taking a buy position as we look forward to a breakout/retest of this level for signal and confirmation.

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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
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Комментарий
A total of 140pips (2 positions) running in profit; we want to lock in some profit.
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снимок

We might want to add position
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215pips profit (3 positions)
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Re-entry option

снимок
GBPNZDgbpnzdanalysisgbpnzdbuygbpnzdsignalnecklinetraderpriceactionreversalpatterntrendcontinuationpatternsTrend Lines

Trade smart. Trade consciously
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