KGCASH

GBPNZD - POTENTIAL LONG

Long
KGCASH Updated   
FOREXCOM:GBPNZD   British Pound / New Zealand Dollar
Here's one of the trade's that I entered before the market closed which I am currently holding. As you can see, the price has interacted with my entry zone which is currently the support level, I believe that the support level will be respected, considering the fact that this zone is an area of confluence. The purple line is a long-term resistance trend line which price also broke above and is now currently retesting. I may add smaller positions to my entry if the price is able to remain above the support and trend line.

This is not a trade signal, but a trade idea.
Trade closed: stop reached:
Stopped-out but at least risk was managed.
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