GBPNZD: Watchlist Long

British Pound/New Zealand DollarFXCM

Description

⋅ Oct 31, 2016 2:32 PM

I prefer to go long on this pair. To do that, I see two options:

(1) I'll wait for a bounce in my D/H4 support zone and look for reasons to buy it.
(2) I'll wait for the breakout of my TL zone and then look for reasons to buy the pullback.

Trade active

⋅ Nov 1, 2016 2:23 PM

Price has retraced to my support zone

Trade closed: target reached

⋅ Nov 2, 2016 1:51 AM

Price has reached the TL