Long on GBPNZD.
Buy on break of trendline confirmed by candle close.
Stop loss and take profit levels on chart.
Buy on break of trendline confirmed by candle close.
Stop loss and take profit levels on chart.
Comment:
Descending trend line is obviously still holding price down. However we can see that blue ascending trend line which is much stronger than the black descending line, is still showing some support here. This could set up for a move up, but we will have to wait and see
Comment:
Keep an eye on this one, let's see if we can close above the black trend line this time
Comment:
Open long trade now
Trade closed: target reached:
Take profit hit with +120 pips!