GBPNZD H16: buy/hold TP BULLS +500/+1000 pips (sl/tp)(SWING)

30 Ogo 2022

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GBPNZD H16: buy/hold TP BULLS +500/+1000 pips (sl/tp)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more upside/gains
short-term and mid-term as well. BUY/HOLD IT.

🔸 Summary and potential trade setup
::: GBPNZD 8hour/candle chart review
::: speculative range trade setup
::: SWING trade setup / higher risk
::: trading within well-defined range
::: currently gravity pulling
::: setup still valid as of right now
::: towards range lows / premium price
::: expecting short-term losses 8500/8600
::: BULLS should focus on buying low later
::: near 8500 range lows (well defined range)
::: right now most likely short-term weakness
::: so get ready for the pullback
::: BUY/HOLD LOW later near range lows
::: best reload bulls near 8500
::: TP1 BULLS +500 pips TP2 BULLS +1000 pips
::: Recommended strategy: BUY/HOLD 8500 exit 9500
::: SWING trade setup patient traders only
::: good luck traders
🔸 Supply/Demand Zones
::: SUPPLY 9500
::: DEMAND 8500
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK/8500
::: Sentiment outlook mid-term: BULLS/9500

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

30 Sep 2022

Komen

TARGET HIT +1 000 PIPS. CONGRATS!