SoulDavies

GBPNZD technical Bullish continuation

Long
FX_IDC:GBPNZD   British Pound / New Zealand Dollar
After the creation of an inverse head and shoulder on the weekly Time frame on GBPNZD, followed by a break and restest on neck-line on the inverse head and shoulder pattern, it is expected for price to continue bullish. However, you will to see a daily engulfing candle on that support level to confirm buying pressure. Stop loss below the zone. Take profit at the next zone up target 1,700pips to the upside. Manage your trade properly.
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