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DACapitalTrading
Nov 17, 2020 2:31 PM

GBPNZD - SWING - 17. NOVE. 2020 Long

British Pound/New Zealand DollarFXCM

Description

Welcome to our weekly trade setup ( GBPNZD )!

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1 HOUR
Bullish price action with turning candle.

4 HOUR
Overall bearish market turned bullish.

DAILY
Expecting further upside after the current downside trend.

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FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.92520
SL @ 1.91200
TP @ 1.94410
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)


Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!

ALAN

Trade active

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Trade closed: stop reached

Closed with -130 Pips (-0.5%)
Comments
HttpStatus404
I have been placed it in last friday, but it like roller coaster, up and down, up and down.
Chris_Silver
@HttpStatus404, "move it up and down, side to side like a roller coaster" untz untz untz ;)
DACapitalTrading
@HttpStatus404 Whats youre view on that pair right now?
DACapitalTrading
@HttpStatus404 all the best
DACapitalTrading
@Chris_Silver 😂😂
HttpStatus404
I found the EURNZD is in descending channel, it will go down potentially, in this case, GBPNZD might follow. What do you think?
DACapitalTrading
@HttpStatus404, price still moving above sr level
DACapitalTrading
@HttpStatus404, as far as price stays above we are good to go
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