Looking to Kumo break with bounce

Long

British Pound / New Zealand Dollar (FX:GBPNZD)

Updated

FX:GBPNZD British Pound / New Zealand Dollar

supportandresistance trendline long bounceplay

I am still very new, just sharing what I am seeing. Looking for a break of Kumo with a bounce off of previous structure resistance back to Kumo before continuing up. Of course do your own due diligence!!! I'm also going to be looking for a possible RSI below 20 and a good candle pattern to enter off the lower bounce.

Comment:

Also just noticed that if it follows my projected plan... the move up would be a C-D completion of a Bat pattern

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.