GBPNZD EMA crossover LONG Trade? 120 pips
Updated
GBPNZD H4 chart on the left, 30min chart on the right
H4 CHART
1/ Confirm uptrend i.e. Higher highs and Higher Lows
2/ Wait for price to interact with H4 20EMA
30MIN CHART
3/ Wait for 30min EMAs to align (20EMA above 50EMA)
SETUP
Enter at the M30 20& 50EMA crossover, 600pips stop loss, TP 1 at 1:1, TP at 2:1
Don't forget to risk manage babypips.com/learn/forex/what-is-a-trading-plan
t > bizlus
Comment
Best entry is (if) blue (20) and red (50) EMAs cross on the 30M. Happy trading!Trade closed: stop reached
Comment
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