FullTimeTrader
Long

GBPNZD-bullish crab at 2.000 and extreme RSI

FX:GBPNZD   British Pound/New Zealand Dollar
283 2 10
Although now the NZD is the strongest currency, after a sharp fall we can expect a bounce at this level.
The price has already tested the PRZ and reacted well.
We have also and extreme RSI suggesting a pullback (see back).
The targets coincide well with the 0.38 and 0.61 fib and previous levels of S/R
Best Regards.
MuathAlBulbul
2 years ago
Hello, nice trade!
Do you advise shorting the pair now?
Reply
FullTimeTrader MuathAlBulbul
2 years ago
Hello, i expect the continuation of the bullish trend on D1.
Better to wait for a retracement on H4 to enter a BUY in the market.
Reply
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