YongLiang

GBP/NZD, LONG, DAY CHART (13-NOV-2016)

Long
YongLiang Updated   
OANDA:GBPNZD   British Pound / New Zealand Dollar
3 white soldiers (3 strong bullish trend bars) show the strength of bullishness.
Watch if the price can break through the resistance zone near 1.77xx.
It will be good to entry when the price pull back to the resistance zone again!

Enjoy your day :)
Comment:
Watch the price is approaching the resistance zone near 1.77xx.

if the price break the zone, look for pull back and long for it.
Comment:
This pair is consolidating near the resistance line.
High likely it will gather more force to break through the resistance zone.

When it breaks the resistance zone, can buy at the breakout due to previous building up consolidation pressure.

Watch closely :)
Comment:
We are still waiting the price to breaks this resistance zone.

Once the price breaks, no necessary to wait pull back to entry this trade.
Trade active:
This pair breaks the resistance zone yesterday with strength.
Decided to entry.

EP: 1.77600
SL: 1.74545
TP 1: 1.82584
TP 2: 1.88398

Any weak pullback will be good opportunity to long :)
Trade active:
Add on another trade as the price is breaking through the resistance zone.

EP: 1.78384
SL: 1.74545
TP: 1.82584
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