GBPNZD Potential Rise from the Bullish Order Block
Bullish Order Block: 2.16193 and 2.16070
Analysis: GBPNZD is approaching a key bullish order block between 2.16193 and 2.16070. Based on Smart Money Concepts (SMC), this zone is identified as a high-probability support area where institutional buyers may be active. The price previously tested this order block and is showing signs of support, indicating a potential upward move.
Trade Setup:
Entry Zone: Within the order block (2.16193 to 2.16070)
Target Levels: Looking for price action to potentially reach previous resistance levels, aiming for a profit zone above the order block.
Stop Loss: Set just below the lower boundary of the order block for effective risk management.
Expectation: There is a strong probability that GBPNZD will respond positively to the order block and rise in the short to medium term. We'll keep an eye on price action and any signs of bullish momentum that confirm the trade setup.
Entry :- 2.16198
TP :- 2.16684
SL :- 2.15715
Bullish Order Block: 2.16193 and 2.16070
Analysis: GBPNZD is approaching a key bullish order block between 2.16193 and 2.16070. Based on Smart Money Concepts (SMC), this zone is identified as a high-probability support area where institutional buyers may be active. The price previously tested this order block and is showing signs of support, indicating a potential upward move.
Trade Setup:
Entry Zone: Within the order block (2.16193 to 2.16070)
Target Levels: Looking for price action to potentially reach previous resistance levels, aiming for a profit zone above the order block.
Stop Loss: Set just below the lower boundary of the order block for effective risk management.
Expectation: There is a strong probability that GBPNZD will respond positively to the order block and rise in the short to medium term. We'll keep an eye on price action and any signs of bullish momentum that confirm the trade setup.
Entry :- 2.16198
TP :- 2.16684
SL :- 2.15715
Dagangan ditutup: sasaran tercapai
Trade gets active and hits target
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.