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Therealsmaira

GBPNZD: Lows before Highs

Long
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
Therealsmaira  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Technical Indicators Exponential Moving Average (EMA) GBPNZD GBP NZD buy trigger triggerprceaction
3
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trendanalysis indicator ema gbpnzd gbp nzd buy trigger triggerprceaction
GBPNZD is overall bearish. Now this one is approaching a support level where we will be looking for buy setups.
Meanwhile, price can still retest our trendline, making a higher low before breaking and the EMA50 where our buy trigger would be.
Conclusion: wait like a sniper !

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