GBPNZD Long Setup
The pair has a great potential to push higher and duplicate the first up wave. Now the downtrend line has been broken and we can get a fantastic risk;reward ratio out of this setup.
Wait for the price to correct itself a bit and look to buy near the red horizontal line or slightly lower. The setup would be invalidated if the price crosses the last swing low around 1.8250.
Wait for the price to correct itself a bit and look to buy near the red horizontal line or slightly lower. The setup would be invalidated if the price crosses the last swing low around 1.8250.
Related publications
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.