Long

GBPNZD: Structure Trading With Confirmation 🇬🇧🇳🇿

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GBPNZD is trading on a key daily structure support.

On 4H time frame the pair is ranging.
1.9425 - 1.945 is the resistance of the range
1.9335 - 1.9355 is the support of the range.

To buy wisely, I will look for a bullish breakout of the range's resistance. (4h candle close above the underlined area)
They open your trade aggressively or on a retest.

Goals will be 1.9545 / 1.9645

In case of a bearish breakout of the range, the setup will be invalid.

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Note

Check my new analysis on GOLD:

GOLD (XAUUSD): I am Bullish! Here is Why 🥇

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