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Gbpnzdbuy

GBP/NZD Breaking OutThis now looks to be breaking above resistance. I said this was happening a couple of days ago but I jumped the gun slightly, hopefully if you opened the trade then you are still in. Now want to see this stabilise above resistance and possibly retrace to test it as support. If you are not in this trade then I suggest waiting for a retrace to support before longing. Could see some resistance at 1.93237, but target is 1.98013 Providing we see this close above resistance and support holding on a retrace then SL can be around 1.90600
Long
by olly48
1
GBPNZD, daily tf, 10-months descending trendline breakoutHello my friends, Another pair to trade for today is GBPNZD. You can see price finally broken above the 10-months descending trend line which has acted as resistance. This could become the beginning for GBPNZD to begin it's journey to the upside. On the way up, i will look to add more position as price making a continuation pattern. Buy GBPNZD 1.9050 Stop loss 1.8850 Take profit 2.0270 (6.1R) Use only 1-2% risk Good luck
Long
by HayatoDragonFX
1
GBPNZD - SWING - 21. DECE. 2020Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Bullish closure above main sr level. 4 HOUR Sideways market structure, about to rise! DAILY Overall bullish market about to push up. - FOREX SWING BUY GBPNZD ENTRY LEVEL @ 1.88830 SL @ 1.87720 TP @ 1.90540 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
15