Trend-analysis
GBPNZDGBPNZD we are looking to execute a long positiion on this pair as it is approching two major resistance points at 1.94165 and 1.94465, We want to see a break at the first major price (1.94165) for us to forcast a high projection in price. Both on the H1 and H4 are holding points to resistance close to price, We are looking to break uowards to do a slowed downwards momentum
Finally it breaks a Strong Resistance_Get ReadyFinally it breaks a Strong Resistance_Get Ready
after a long time ADX breaks out of a strong resistance
'wait for the pullback and a confirmation and then and afrer that you should see a reversal pattern like
engulfing and you can enter the trade in that position