GBPNZD, daily tf, 10-months descending trendline breakout
Hello my friends,
Another pair to trade for today is GBPNZD.
You can see price finally broken above the 10-months descending trend line which has acted as resistance.
This could become the beginning for GBPNZD to begin it's journey to the upside.
On the way up, i will look to add more position as price making a continuation pattern.
Buy GBPNZD 1.9050
Stop loss 1.8850
Take profit 2.0270 (6.1R)
Use only 1-2% risk
Good luck
Another pair to trade for today is GBPNZD.
You can see price finally broken above the 10-months descending trend line which has acted as resistance.
This could become the beginning for GBPNZD to begin it's journey to the upside.
On the way up, i will look to add more position as price making a continuation pattern.
Buy GBPNZD 1.9050
Stop loss 1.8850
Take profit 2.0270 (6.1R)
Use only 1-2% risk
Good luck
