Gbpnzdlong
GBP/NZD will go higher💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
GBP/NZD has been rejected from strong weekly support earlier this month, we expect price to go higher if resistance where price is now will be broken.
Let us know what you think about this idea.
Trade safe !
GbpNzd- Change of trend?GbpNzd found strong support last week, forming a tweezer bottom on 1.9 area.
Now the pair is in a small correction of this first leg up and we can have a new leg up and a change of the trend for the medium term.
I'm looking to buy this pair
This scenario is valid as long as the pair stays above 1.9
GBPNZD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX