Hi traders,
On the GBPNZD we can see that price has broken the trendline. I'm expecting a retracement towards the trendline (confluence with previous structure) and then another drop.
Entry: 1.76916
Stop: 1.77927
Target: 1.75209 = R:RR 1.69
Best of luck! I will be updating this post as time progresses.
On the GBPNZD we can see that price has broken the trendline. I'm expecting a retracement towards the trendline (confluence with previous structure) and then another drop.
Entry: 1.76916
Stop: 1.77927
Target: 1.75209 = R:RR 1.69
Best of luck! I will be updating this post as time progresses.
Trade active
Trade closed: target reached
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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.