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Feb 2, 2019 11:47 PM

GBP/NZD has broken declining channel. 1day bullish pin bar Long

British Pound/New Zealand DollarFXCM

Description

NZD is showing short term bullish tendencies
The descending channel has been broken to the upside
Friday closed with a bullish pin bar
Primary Trend: Bearish
Secondary Trend/Minor Trend: Bullish
Key Resistance around 1.9100
Price should touch next resistance level


Trade active

Price has broken above recent support so trade has been entered. Might extend the TP depending on trade technicals
Comments
London_fx_club
Nice chart
as with most breakouts you had the break and then the retest before higher highs

nice chart good call
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