Danialhassan

GBPNZD bullish expected for the week

Long
Danialhassan Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD bullish expected

-can take multiple entries near previous highs and low (those are good places where price has reversed in the past)
-if your stop is taken out 1st time (Don't worry you can enter again for bullish entry or can increase your Stop loss) ( dont hesitate to take reversal entry against your analysis to save some few pips until u see the reaction of swing u expect ( u can quit that trade at BE or sustain a small loss if reaction shows up)
-risk management is very important to reduces your losses during tough time
-previous highs and lows are very good reversal points in the market (provided they coincide with your analysis)
Trade active:
bullish as expected


-learn how much to hold on to your trade
Disclaimer

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.