In GBPNZD we can see an ascending triangle forming, what is a bullish signal. We also had a SMA 10/50 cross some days ago ... I unfortunately missed this :(
Maybe this could be signs for a longer bullish run.
Be aware if we break out of ascending triangle's bottom line. I marked a flexible SL area there. My target would be the Resistance area around 1.94, expecting a break out within the next days.
Happy trading!
!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility. Feel free to contact me private for further details or just chatting. Regards
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.