The trading opportunity here on the GBPNZD isn't a grade A trade in my opinion but the potential for MASSIVE targets may make up for that.
THE GBPNZD has recently violated a key level of structure to the upside & with the recent retracement has offered a very nice bullish trend continuation opportunity.
The only problem with this setup is that due to "sloppy" past price movement, picking an initial target projection can be somewhat difficult.
With that being said, if price can move beyond the initial "sloppy" area, then it will present us with a massive potential to the upside which may make it worth the risk.
Please leave any questions or comments below & I hope you guys have a great weekend.
Akil
THE GBPNZD has recently violated a key level of structure to the upside & with the recent retracement has offered a very nice bullish trend continuation opportunity.
The only problem with this setup is that due to "sloppy" past price movement, picking an initial target projection can be somewhat difficult.
With that being said, if price can move beyond the initial "sloppy" area, then it will present us with a massive potential to the upside which may make it worth the risk.
Please leave any questions or comments below & I hope you guys have a great weekend.
Akil
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tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
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.
Online Trading Workshop - May 29th - Register Now
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
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.