GBP/NZD At Perfect Place For Buy , Ready To Get This 200 Pips ?

Jan 22

Here is my Daily GBP/NZD chart, this will be my Second time to enter from this area of support. If u take a closer look u will see how strong and stubborn this support area and it pushes the price very high each time it comes near it, so I will enter a buy trade Now cuz the price give us a very clear and strong bullish Price action and the price respect the support so much on smaller T.F , so we can enter a buy trade now . I will be targeting from 100 to 200 pips in this trade .If we have a daily closure below my support , this idea will not be valid anymore and we will see more movement to downside .


Reasons To Enter :

1- Perfect Breakout .
2- Clear Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4 - Perfect 4H Closure .
5- The Price Respect The Support Again .

Jan 22

Trade active

The Price Respected The Support Area And Moved +100 Pips

Jan 23

Trade closed: target reached