GBP/NZD, DAY CHART, LONG (27-NOV-2016)
We are still bullish for GBP/NZD.
After 3 white soldiers, we see a consolidation pattern formed near the support zone.
It might accumulating more pressure to break this support zone.
Once, the support zone was broken strongly by bullish trend bar.
It will be good chance to long.
Alternatively, need to wait weak pull back and long again.
Trade safely with proper risk management skill
After 3 white soldiers, we see a consolidation pattern formed near the support zone.
It might accumulating more pressure to break this support zone.
Once, the support zone was broken strongly by bullish trend bar.
It will be good chance to long.
Alternatively, need to wait weak pull back and long again.
Trade safely with proper risk management skill
Transaction en cours
Trade this pair now.Zoom in to H4 chart, volume on the down side is extremely low. and upside is relatively high. Time to moving up now.
It is also near the bottom of the "trading in the range"
EP: 1.76238
SL: 1.74163
TP: 1.81703
Trade fermée: ordre d’arrêt atteint
Too bad, we ignored upward trendline as a resistance in H4 Chart.Luckily, we only trade this pair with lower risk.
Risk Management is essential.
Note
The price break the resistance zone finally!Watch closely for right entry :)
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.