Hi everyone:
Similar like my GBPAUD trade, GPBNZD is looking for another move to the upside, and we can see a huge potential in this trade.
On the daily chart, the price actio reject the 1.8660 level, a strong support/resistance level, and also 50.00% fib level to form a higher low.
On the 4 hr chart, we can see the price action has a strong bullish momentum after bouncing off the 1.8660 level. Noe it is consolidating, a potential bullish flag is forming.
Enter at the break out would a nice risk:reward entry, targeting the two daily resistance level.
Thank you
Similar like my GBPAUD trade, GPBNZD is looking for another move to the upside, and we can see a huge potential in this trade.
On the daily chart, the price actio reject the 1.8660 level, a strong support/resistance level, and also 50.00% fib level to form a higher low.
On the 4 hr chart, we can see the price action has a strong bullish momentum after bouncing off the 1.8660 level. Noe it is consolidating, a potential bullish flag is forming.
Enter at the break out would a nice risk:reward entry, targeting the two daily resistance level.
Thank you
Nota
Daily Analysis:Nota
First TP hit for 4.8% profit.
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.