GBPNZD pulling back to support … the week of 11 Sep
My daily chart depicts how I read the movement in this pair so far and what I expect will happen next. My bias continues to be bullish and the only question in my mind is if the current retracement will reach the support I have marked, or will the turn around take place earlier. I will be monitoring as best as I can what happens next.
If the bullish trend resumes at the area I marked, we are looking at a 4R trade.
Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
If the bullish trend resumes at the area I marked, we are looking at a 4R trade.
Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
Trade active:
Price is now approaching the zone of interest. Will be monitoring closely now.
Trade active:
An amazingly perfect turnaround and my trade is now active. Let's see what happens next week.