Hi traders,
this is my view on GBPNZD on the daily timeframe.
As you can see, we have break the bullish daily trendchanel and the price has retest the lower line of the trendchanal
as resistance.
I will set a sell stop after the nex lower high on the 4h chart.
Not forget we will have the Brexit votum soon and if the UK get no deal with the EU and get a hard Brexit
we will see the target price soon. But this is a swing trade. Use small lot then you need a bigger stop for this trade.
this is my view on GBPNZD on the daily timeframe.
As you can see, we have break the bullish daily trendchanel and the price has retest the lower line of the trendchanal
as resistance.
I will set a sell stop after the nex lower high on the 4h chart.
Not forget we will have the Brexit votum soon and if the UK get no deal with the EU and get a hard Brexit
we will see the target price soon. But this is a swing trade. Use small lot then you need a bigger stop for this trade.