Seems GBPNZD Have a demand zone that not fulfill in the market. Watch the price action. Enter when it have rejection.
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- Break of ranging market and continue to the upside. Potential long term target could be 2.00900.
- Continue of a ranging market / consolidation period (DO NOT TRADE THIS).
- Move to the downside and a break of the support level. Potential target would be 1.91270.
Keeping it simple and letting price dictate what it wants to do
Waiting for price to break resistance before first buy then doing the same with the second
There is divergence on multiple timeframes and price has broken a downward trend line (not drawn)