GbpNzd Long Term1

By Lamy
Updated
Gbpnzd has been down about 2 months, it means we had big strength from nzd without any pullback.
Now nzdusd has reached super resistance and now it's reacting , it means if nzdusd is going short , gbpnzd its directly concerned from nzdusd pair and gbpnzd will go long.
We can find here a good position for long at :1.88000 with a stop loss at :1.87000 and profit target reward 1:6x2 at price 1.93500.
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snapshot
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Trendline is broken, we need to wait for pullback and then we can buy gbpnzd
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snapshot
+370 pips, take some profit.
Trade closed: target reached
+500 pips
GBPNZDgbpnzdbuygbpnzdlongtrendanalyseTrend Analysistrendlinesmatterwaitforpullbackwaitforretestwaitingforconfirm

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