Long GBPNZD: Swing trade based on the daily charts.
Updated
Based on the daily charts, I would swing this to the upside where there is the next major resistance. There were 3 drops (highlighted in yellow) on GBPNZD that all held. This is a great sign that this will have further upside movement. If you're swinging this, stop loss should be below that zone.
Trade active
I'm currently swinging this trade.Trade closed: target reached
this played out exactly how I wanted. It's in my zone for closing. I'll wait for a retracement before longing this again.
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