GBPNZD is in downtrend, but now it looks like it might make a pullback back to the upside to retest previous support.
I am looking at H4 for counter trendline break and retest for buy with R:R around 10.
I am looking at H4 for counter trendline break and retest for buy with R:R around 10.
Note
H4 trendline way broken. Put trade risk free. Push to the upside is still possible. It would be perfect to form right shoulder to 1.998 and from there drop to 1.9150. GBPNZD is still in downtrend like I said.
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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.