NTrading
Long

Get ready for GBPNZD breakout soon

FX:GBPNZD   British Pound/New Zealand Dollar
118 1 4
GBPNZD             is about to break the correction structure in Daily timeframe .
It seems it will impulse above trendline --> cosolidate in above trendline --> impulse to the top

We have 2 choices

1) Wait for impulse above the trendline and then buy
2) Wait for impulse --> correction above trendline and then buy

However keep in mind, if it breaks down we are going for a deeper correction in Daily timeframe , so it will cancel the current structure

Remember enter in a position ONLY when a break happens

It is just my opinion, i hope it helps!

Thank you!
Piet.Hein
10 months ago
I have an eye on this one too ;)
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