GBPNZD is turning its back on sellers
Double bottom at a significant daily level is a sign GN is going for a push higher. Even though we are at a resistance, sellers failed again and again to break the support. Big bullish wicks indicate buyers were entering the market thus diminishing the sell-off effect. I entered a buy after H1 failed to reached mentioned local support with a strong bullish candle.
Note
Liftoff!Trade closed: stop reached
Took a loss on this one.
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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.