UnknownUnicorn180388

GBP.NZD - Textbook Setup ( Additional Development Required )

Long
FX:GBPNZD   British Pound / New Zealand Dollar
Currency Pair: GBP.NZD
Time Frame: Weekly, Daily & 4hr
Predicted Direction: Long

GBP.NZD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment:
This setup is now off my trade watch list for this week given that my indicators don't align, this for me invalidates the trade setup.
Should price breakout of the 4hr ascending trendline it would still not validate a trade setup for me personally.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.