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azree69
Jan 29, 2020 3:47 AM

GBPNZD Potential Long Long

British Pound/New Zealand DollarFXCM

Description

Long term Trend for GBPNZD remain bullish as refer swing high/low market structure in weekly and daily TF

although bullish momentum candle seemed weak.

price reject strong resistance in 1.997 area. since 26 dec 2019, price has moved uptrend and yesterday candle formed still hasnt shown that seller will overtake uptrend retracement.

Instant long, SL @ 1.98830

Comment

30/1/2020

At the moment, gbpnzd has made a new higher high and closed above previous high @ 1.99805 (28/1/2020)

expecting more bullish moment in the next hours.

Trade closed: target reached

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