FX:GBPNZD   British Pound / New Zealand Dollar
I HAVE SO MANY REASONS IM GOING LONG ON THIS PAIR LET ME START

FIRST, PRICE HAS RESPECTED THE LOWER TREND LINE FOR MORE THAN 3 TIMES

SECOND , ON THE DAILY TIME FRAME ITS AN ASCENDING TRIANGLE SO GOING LONG MEANS YOU ARE ON THE RIGHT SIDE OF THE WAR

I CAN ALSO SEE STRONG ACCUMULATION HEADING TO RESISTANCE LEVEL WHICH SIGNALS A POTENTIAL BREAKOUT TO HIGHER LEVELS

LETS WAIT FOR MONDAY AND SEE WHAT THE MARKET HAS FOR ALL OF US TRADERS

HAPPY WEEKENDS MATES !!!!!!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.