Long GBP/NZD
After breaking the uptrend line in the great temporality of 1D, the price went back creating a SHSI, at the beginning I thought that this movement was kind of a pullback, however, the price created a right shoulder, and formed the figure named before.
At this moment the price made a resistance at 1.97805 creating another uptrend channel in 4H, and in 1H the price bounce in a trend line making three lower high, and at 15 minutes appeared a small SHSI when the price breaks the right shoulder or the neck, my operation will be:
Entre Price: 1.96618 (BUY Stop)
Stop Loss:1.96234 (149 pips)
Take Profit: 1.98111(38,4pips)
At this moment the price made a resistance at 1.97805 creating another uptrend channel in 4H, and in 1H the price bounce in a trend line making three lower high, and at 15 minutes appeared a small SHSI when the price breaks the right shoulder or the neck, my operation will be:
Entre Price: 1.96618 (BUY Stop)
Stop Loss:1.96234 (149 pips)
Take Profit: 1.98111(38,4pips)
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