IvanLabrie

GBPNZD: Potential breakout trade

Long
IvanLabrie Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD has formed an accumulation level, and it's likely to break up here. We can go long here, and risk a drop under yesterday's low for instance.

Good luck,

Ivan Labrie.
Comment:
Acting well.
Comment:
Close 75% and move stop to entry. Last: 1.7931
Comment:
You can add back to it on dips after today's close.
Trade active:
1.7816 now. Add back your closed position, stop loss at the entry price, risking part of the profit.
Trade closed manually:
Exit for now, it might fail here.

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.