GBPNZD, Buy on H4
H4:
- Structure: uptrend
- Tendency: Downward
- Retest support and closed above
- Candle: Bullish outside
- MACD: Up
=> BUY
H4:
- Structure: uptrend
- Tendency: Downward
- Retest support and closed above
- Candle: Bullish outside
- MACD: Up
=> BUY
Trade active:
Trade closed manually:
I gonna close GBPNZD here with -0.25R. Price closed below the supporting level and shows no significant reaction from buyers. It may make a deeper downward move before anything else.