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rstevo

Breakout long for the next week

Panjang
Paun British / Dolar New Zealand (FX:GBPNZD)  
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FX:GBPNZD   Paun British / Dolar New Zealand
Trend Analysis Support and Resistance
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trendanalysis supportandresistance
Hopefull breakout of this range that pound kiwi is currently in and look for a retest of the highs of the range (1.9250) before taking a long position. if price bounces well and we get confirmation through a test bar then we can set a nice tight stop loss just inside the range meaning we can have a high risk reward
Komen:
price has now broken the range. Wait for it to push onwards and become oversold before pulling back into the 1.9250 range long
Penafian

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