British Pound / New Zealand Dollar
Long
Updated

GBPNZD - Bat Pattern Completed on H4 Chart

A nice bullish bat pattern has completed with RSI rebounding from the oversold level.

You may choose to long now or wait for some retracement and enter on lower timeframes.

R:R at about 1.1 (TP1) and 2 (TP2). Good luck.
Note
TP1 is about to hit, you may choose to shift SL to breakeven or shift to some profits
Today we have the CPI, RPI, PPI, HPI and CBI results. Do manage your trades.
snapshot
Trade closed: target reached
TP1 hit.

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