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Alee_Kolachi

GBPNZD - Buy

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
Alee_Kolachi Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Support and Resistance AB=CD Double Top or Bottom
2
0
supportandresistance abcdpattern doubletoporbottom
We'll put the buy stop as there is bullish divergence and the double bottom which means the price didn't break the previous lower low and may reverse now.

It also forms the AB=CD pattern which suggests the D point as reversal zone.

Entry: 2.04760
SL: 2.03709
Take Profit; 2.0581
Comment:
Wait for the news in a few minutes
Trade closed: target reached
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