🔸Let's review 8 hours chart for GBPNZD today. speculative buy/hold setup for GBPNZD bulls,
accumulation in range. short-term expecting pullback from overhead resistance, shorting
from resistance is a higher risk setup (bears), however focus on buy/hold for excellent
risk/reward.
🔸GBPNZD 8 hours is a confirmed bullish IHS setup, with LS/RS/HEAD of the structure
already complete, backtested the neckline so the next re-test expect breakout.
🔸Recommended strategy bulls: bulls buy/hold any dips/pullbacks close to 0650,
TP1 bulls +250 pips TP2 pips +500 pips, final exit at 2.1200. keep in mind this
is a swing trade setup for patient traders only, will take more time to hit targets.
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