nfarah86

Long GBPNZD: Swing trade based on the daily charts.

Long
nfarah86 Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Based on the daily charts, I would swing this to the upside where there is the next major resistance. There were 3 drops (highlighted in yellow) on GBPNZD that all held. This is a great sign that this will have further upside movement. If you're swinging this, stop loss should be below that zone.
Trade active:
I'm currently swinging this trade.
Trade closed: target reached:
this played out exactly how I wanted. It's in my zone for closing. I'll wait for a retracement before longing this again.

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