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Sascha_Gogolin

GBP/NZD - Short term possible bullish preassure

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
Sascha_Gogolin Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
price-action Support and Resistance longsetup short-term corrective correctivestructure correctivemove
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price-action supportandresistance longsetup short-term corrective correctivestructure correctivemove
Still in a ranging environment on the higher time frames, shorter time frames can present some short term trading opportunities. Depending on how price reacts to the small support zone around 1.8200-1.82150 I am considering to go long with my primary target at 1.82500 and second target just shy of 1.83000.
Trade closed: target reached
Trade closed manually:
Second position closed at break even.
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