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Mihai_Iacob
Feb 11, 2021 3:27 AM

GbpNzd- 1:3 risk:reward trade Long

British Pound/New Zealand DollarFXCM

Description

After finding strong support in 1.86 zone, GbpNzd has started to trade higher and in the past month is trading in a range between 1.9 and 1.92.
I expect a break to the upwards and the pair can accelerate gains towards 1.98 resistance.
Also, a trade with this target can have a 1:3 R:R ratio
Comments
Stargazer_fx
If break above the resistance then we will see a nice bullish move.
Mihai_Iacob
@Stargazer_fx, yes. This is what i m expecting
SaradisVagalatis
wrong comment sorry
TRADiNG_hub
thanks for sharing..
KlejdiCuni
Keep up the amazing work!
FOREXN1
Clean chart ! Well done ! +++++++++++
TheSignalyst
nice :D
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