GBPNZD Long Set up
Hey guys!
As you see I have plotted the zones that see clear to the eye and based on those zones I have projected the price target, The trend is based on H1 analysis, however the chart would have looked so small so I had to show it to you on the daily time frame.
In any case I think the pull back will end at the buy zone and I'm buying there (Plotted as Buying zone). SL is set to 1 to 5 risk to reward ratio for this trade however on the chart its 1 to 3 something, so the lower you buy in the box the better.
As you see I have plotted the zones that see clear to the eye and based on those zones I have projected the price target, The trend is based on H1 analysis, however the chart would have looked so small so I had to show it to you on the daily time frame.
In any case I think the pull back will end at the buy zone and I'm buying there (Plotted as Buying zone). SL is set to 1 to 5 risk to reward ratio for this trade however on the chart its 1 to 3 something, so the lower you buy in the box the better.
Penafian
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