Hello traders, I hope everyone has a nice trading week. I would like to share one my possible short term bullish scenario for GBPNZD .Please support this idea with like If you find it useful.
We almost reach the strong support-demand zone; When it test this zone, It's possible jump to the upside. We just need to see nice rejection, looking for bullish...
#GBPNZD possible long movenment for the pair as it hits a support for bullish movements, the daily candle closed in perfect marubozu on the support line indicating a bullish engulfing
It looks like GBPNZD is bouncing back up of the lower range, how ever the indicators aren't very convincing yet. Best is to wait till this daily candle closes. If it closes around CMP this will be a nice buy. If it closes at the lower range then wait till tomorow, if it closes below then sell. Easy setup if you have some patience
