GBPNZD inside bars and false break

Long

British Pound / New Zealand Dollar (FX:GBPNZD)

Updated

FX:GBPNZD British Pound / New Zealand Dollar

GBP NZD GBPNZD

gbp nzd gbpnzd

This is one of my ideal candle stick setups. The price rejected the bottom channel line. Buy if the price breaks above the mother candle.

Trade active:

Due to the news the price dropped down but recovered quickly. The buy is active now.

Comment:

I will close this trade if the price drops to 1.7250

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