GBPNZD reached a major key level in December. I was watching carefully the reaction of the market to that structure in order to buy/sell the market.
My confirmation to buy the market was an ascending triangle formation on 4H time frame. Its neckline breakout was a trigger to open a buy limit order on a retest.
After 1 week of patient waiting the price finally reached the initial target - the next key level.
+200 pips of profit and great trade.
Did you catch this move?
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