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GBP/NZD Technical Indicators Say BUY!
I see a perfect bullish convergence of 3 technical indicators.
The technical outlooks is supported by a current fundamental sentiment
and the fact that the pair is trading in a long-term bullish trend.
I assume that the pair will keep growing.
Target level - 2.0866
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Short term trade Dear Ziilllaatraders,
We can see a consolidation forming. With the next stop again lower. Iam setting the stoploss at 1937 and tp at 1900 or lower. Make sure to use proper risk management. Good luck and stay wealthy guys!
PS: this trade is a very short term trade maybe only today.
What do you guys think?
Greetings,
Ziilllaatrades
GBPJPY - 29/06/2023 30 Min TF [Short]29/06/2023 - 30 Min TF
After a long Bullish run, we can see on the 30Min & 1 Hour timeframes there has been a shift move in momentum in the last few days. The market has been highly bearish so we will be looking for sells in the market.
The market has been highly bearish so we will be looking for sells in the market. Dispite the bullish momentum on the Weekly & Monthly timeframes.
Recent news articles also points to a potential Bullish run. Raising interest rates also supports the idea of a longer
Looking to enter a trade after price has broken above area of resistance, & it has come back to close below the zone. 1:1 Risk-to-Reward or higher win rate ratio
Happy Trading!
Supreme Trading Society
DISCLAIMER: All trades are just my own ideas and should not be taken as a signal. Follow me for more ideas