TradingView
TheTradersAvenue
May 26, 2021 9:23 AM

GBPNZD > Powerful Structure Trade for A 200 Pips!! Long

GBP/NZDOANDA

Description

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
Comments
Helical_Trades
Nice chart here
TradingLamp
Good Work! $$
TheTradersAvenue
@TradingLamp, thanks
caldooninvestment
Great call mate 🙌👌
TheTradersAvenue
@caldooninvestment, thanks mate
FieryTrading
Thanks for sharing🔥
TheTradersAvenue
@FieryTrading, most welcome
KlejdiCuni
It's awesome.
TheTradersAvenue
@KlejdiCuni, thanks my friend
Mihai_Iacob
Thanks for sharing
More