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GBPNZD M45: Best Levels to BUY IT TP +200/+250 (SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG since we are locked inside range
and I expect reversal off the lows later
🔸 Summary and potential trade setup
::: GBPNZD 45mins/candle chart review
::: speculative XABCD setup / BULLS
::: bulls get ready to buy low later
::: revised/updated outlook
::: REVISED/UPDATED to BULLISH OUTLOOK
::: short-term more losses
::: targeting 8900 / PRZ / D
::: retail positioning in GBPNZD
::: favors more short-term losses now
::: 3 000 std lots short vs
::: 5 000 lots long
::: expecting pullback before reversal
::: point D/PRZ 8900 reload BULLS
::: summer/autumn 2021
::: higher risk / high risk strategy
::: SHORT IT / SHORT RIPS/BOUNCES
::: FINAL TP BEARS is 8900
::: recommended strategy: BUY LOW BULLS
::: near premium prices (8900)
::: recommend to focus on swings only don't
::: final TP BULLS 275 pips 9200
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8900 fresh demand zone
::: 9200 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: MIXED/RANGE/BULLS
::: Sentiment outlook mid-term: BEARS/REVERSAL
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.