GBPNZD LONG 4 HR BREAK AND RETEST TRADE SETUP

Hi everyone:

Here is another opportunity on GBPNZD LONG, as the 4 HR chart broke above resistance trend
line, now found support @ 0.382 fib retracement, 20 EMA, formed a higher low at previous
resistance trend line.

Target 1: 1.7700 (4.79% Profit)
Target 2: 1.7950 (8.36% Profit)

Thank you for your support and feedback.

Trade: #21
Date: 02/13/2017
Time: 08:00 GMT

Comment:

Trade active

Trade closed manually:

4 HR chart formed two dojis, price has been stalling before the resistance of 1.7475,
manually exit for 1% profit.