Cas4xx

Is there a last up swing coming??? GBPNZD Long Trade idea...

Long
FX:GBPNZD   British Pound / New Zealand Dollar
Price had a good bull run. The retracement seems to lose some steam but I think there is still some momentum left for one leg up. Price probably won't make a new high but I put my TP on the highest pivot point just in case. We have a nice window of opportunity to open a long trade with price showing support close to the trend line .

Just be patient and see what happens...
Trade closed manually: As predicted Price didn't make a Higher High but instead got a lot of resistance @1.9335. I have closed my trade and took a nice profit, maybe I will open this trade again when Momentum is back up again.

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