Long on GBPNZD.
Buy on break of trendline confirmed by candle close.
Stop loss and take profit levels on chart.
Buy on break of trendline confirmed by candle close.
Stop loss and take profit levels on chart.
Note
Descending trend line is obviously still holding price down. However we can see that blue ascending trend line which is much stronger than the black descending line, is still showing some support here. This could set up for a move up, but we will have to wait and seeNote
Keep an eye on this one, let's see if we can close above the black trend line this timeNote
Open long trade nowTrade closed: target reached
Take profit hit with +120 pips!
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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.