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kidagaka123

GBPNZD Long

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
kidagaka123  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
The idea is GBPNZD long. As you can see firstly we have the last line (E) which shows us an exhausted movement in bear way. We have to consider that we can take the 2 circles as double bottom which is not verified yet. Also the support there with combination of the bullish RSI helps us to consider that the price movement could be for the GBP. The best option to enter in position is to be when the double bottom is verified so that means at point (B).
Please befofe entering in position do you own research.
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