British Pound / New Zealand Dollar
Long
Updated

GBPNZD LONG 4 HR BREAK AND RETEST TRADE SETUP

475
Hi everyone:

Here is another opportunity on GBPNZD LONG, as the 4 HR chart broke above resistance trend
line, now found support @ 0.382 fib retracement, 20 EMA, formed a higher low at previous
resistance trend line.

Target 1: 1.7700 (4.79% Profit)
Target 2: 1.7950 (8.36% Profit)

Thank you for your support and feedback.

Trade: #21
Date: 02/13/2017
Time: 08:00 GMT
Note
snapshot
Trade active
Trade closed manually
4 HR chart formed two dojis, price has been stalling before the resistance of 1.7475,
manually exit for 1% profit.

snapshot

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.