GBPNZD LONG 4HR+1HR Long

British Pound/New Zealand DollarFXCM

Description

⋅ Nov 8, 2021 8:31 PM

GBPNZD possible LONG on 4HR and 1HR TF

Price at strong support
Price showing oversold on RSI, room for correction after deep fall.
RR ratio 1:2 or 1:5/6 if kept long term
Strong rejection hammer candles have formed
Tight SL at 20/25 pips
Enter if revisits

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Trend Analysis Chart Patterns