mleader1

GBPNZD on the way moving up

Long
I entered a bit late, however the SL should provide some support and finger cross it not be hit. :)

GBPNZD has been lingering around it's weekly base trend line and starting upward move having tested the lows and didn't manage to break below 1.97

I consider this a risky setup so do manage your risk if you agree what I see.

SL: below 1.9744 --> 1.974 is a better setup to be honest. But since I did set it at 1.9744 I'll let it be....

TP: Fib based, NOTE: 1.979 is an important point to either TP or trailing.

GL
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