Get started
A1Investments

GBPNZD Approaching 3X Tested Bullish Trendline

British Pound / New Zealand Dollar (FX:GBPNZD)  
A1Investments Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Support and Resistance Trend Lines gbpnzdlong GBPNZD longsetup forexsignals forextrading forexeducation
2
0
trendanalysis supportandresistance trendline gbpnzdlong gbpnzd longsetup forexsignals forextrading forexeducation
Price is getting closer to a 3X tested bullish trend line which has the possibility to either breakthrough & retest for a short setup or bounce off resulting in an ideal long setup. For now we're just going to keep an eye on this setup and patiently wait until it approaches the designated zone.

Potential Trade :

Buy Limit : 1.9320
SL : 1.9255
TP 1 : 1.9400
TP 2 : 1.9500

Trade closed manually:
Just missed the bounce off by 20 pips.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.