TheTradersAvenue

GBPNZD > Powerful Structure Trade for A 200 Pips!!

Long
OANDA:GBPNZD   British Pound / New Zealand Dollar
Analysis on #GBPNZD

Hello friends.

here we have the market moved down aggressively after the RBNZ rate statement yesterday, it seemed that the traders in the market are not satisfied with this move and trying to reverse some of it or maybe just taking profits in here

some might say ok I will wait for the price to come and test the previous structure support that might turn to a resistance level and sell the market, for me I would be careful as of now it is a very weak level to sell.

I will monitor the structure level support below for a perfect buy setup that could yield me 200 pips easily, of course, if the rules of engagement are met


Check today analysis below⠀

>>It’s not what we do once in a while that shapes our lives. It’s what we do consistently.

____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you

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.