GBPNZDBased on a few confirmation on #gbpnzd chart we go for buy:
1-price is at 50% retracement level of fibonacci and there is 2 scenario on it
*price will pull back to the uptrend from 50% level
*price will go down till 61.8 % level and go back to the main trend (up)
2- there is a flag pattern after a large uptrend and its preparing for next move to upper level
3-there is the double bottom pattern in weekly, daily and h4 time frame and it makes higher probability of breaking the resistance to the next level
https://minatrader.com
Note
you can close partially in 150+ pips and for the rest move sl to break even point.Trade closed: target reached
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Disclaimer
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.