SamKent
Long

GBP/NZD long entry point

FX:GBPNZD   British Pound/New Zealand Dollar
85 0 1
GBP/NZD is in a well defined bull-trend. We're looking to join the direction at the a point of confluence between the ascending trend-line and the 61.8% fib, a break of the descending trend-line will be our confirmation for the trade being valid, if the descending trend-line holds we'd be looking to exit at or around the break-even point.
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