Is there a last up swing coming??? GBPNZD Long Trade idea...
Updated
Price had a good bull run. The retracement seems to lose some steam but I think there is still some momentum left for one leg up. Price probably won't make a new high but I put my TP on the highest pivot point just in case. We have a nice window of opportunity to open a long trade with price showing support close to the trend line.
Just be patient and see what happens...
Just be patient and see what happens...
Trade closed manually
As predicted Price didn't make a Higher High but instead got a lot of resistance @1.9335. I have closed my trade and took a nice profit, maybe I will open this trade again when Momentum is back up again.
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