GBPNZD Long 30m TF

Double bottom on the 30m tf and the 1H tf.

Two possible entries:

1) 30M TF: Price retests support before pushing to the upside.
Indicator: RSI to test the MA then push to the upside.



2) 1H TF: Double bottom on the 30 min tf & 1 hr tf. Let's see if price will break resistance to the upside and turn it to support. I'd expect a bullish run if that happens.
Indicators: RSI: RSI tested MA and might push to the upside.
MACD: EMA crossover to the upside.

Transaction en cours:

More consolidation that expected, but price eventually went in the anticipated direction.