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GBPNZD - Bullish Divergence Formation
British Pound / New Zealand Dollar
Long
GBPNZD - Bullish Divergence Formation
By mansooryousafzai
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Jun 21, 2023
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Jun 21, 2023
There is a Bullish divergence present at the moment.
A bullish trend would be confirmed once the first LH (Lower high) is broken and the first HL (Higher Low) and HH (Higher high) are formed.
As part of my personal trade plan, I intend to enter a long trade with a 1:1 risk/reward ratio.
However, it is essential that you conduct your own thorough research and risk management strategies before making any trading decisions.
Chart Patterns
forexsignals
GBPNZD
gbpnzdlong
Technical Indicators
Trend Analysis
mansooryousafzai
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