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ShinForex1
Oct 17, 2023 12:14 PM

Gbp/Nzd Buy Setup Long

British Pound/New Zealand DollarFXCM

Description

We are seeing in Daily timeframe price action is still in overall uptrend

==> Price in H4 and H1 is retesting the support area and also price is forming a double bottom


==> Price action is now retraced after breaking the neckline of the double bottom which give it a nice risk to reward setup for a continuation based on the range of the double bottom length


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