GBPNZD 240M: Breakout of Trendline + Retest
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The GBPNZD just broke the lower Trendline and now retests the privous price level. A good opportunity to get involved in the trade. We expect price to move down to retest the previous swing low level.
The GBPNZD just broke the lower Trendline and now retests the privous price level. A good opportunity to get involved in the trade. We expect price to move down to retest the previous swing low level.
Comment:
Price dropped in our direction. Waiting for the candle to close below the last swing low
Comment:
Break of Structure to the downside going further in our favour
Comment:
waiting for the next swing to break at 2.2825.
Comment:
we are getting closer to our take-profit zone. SL goes to break-even
Comment:
Just hit our profit target.
