FX:GBPNZD   British Pound / New Zealand Dollar
231 1 3
As you can clearly see on the chart price has put in a double bottom at the 2.24 support level .
This level also aligned with the daily and weekly bullish fib level at 50%.
Many higher time frame confluences for the bullish bias.
Price has broken and retested the daily/4hour counter trendilne to the upside.
Waiting for price to break 2.30 with bullish momentum and price action to take a long position.
Overall target if position entered would be 2.36 with further targets of 2.40 and 2.48.
Patience for the entry will have you beating the impatient that got stopped 6 times before actually proceeding with profit.
Thanks for sharing. I just have 2 charts on this pair, While the one with short play is completed. I am now looking for a better price to jump in.

Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out