FX:GBPNZD   British Pound/New Zealand Dollar
227 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.
Neel_K PRO
a year ago
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.
Few probable setups based on bullish bias on GN


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