GBPNZD - Long Trade
Please refer to text on chart.
Tremendous risk/reward play here if the trade works out well. Price has been consolidating for about a month now, building up very strong momentum. There will be a strong, fast, and decisive move should price break above the resistance areas.
** Remember, we do not attempt to predict future price. We simply react to current price movements based on our interpretations of past data.
Tremendous risk/reward play here if the trade works out well. Price has been consolidating for about a month now, building up very strong momentum. There will be a strong, fast, and decisive move should price break above the resistance areas.
** Remember, we do not attempt to predict future price. We simply react to current price movements based on our interpretations of past data.
Note
Trade moving nicely. Set stop @ B/E.
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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.
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.