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HayatoDragonFX

GBPNZD, daily tf, 10-months descending trendline breakout

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Pound Inggris / Dollar New Zealand (FX:GBPNZD)  
HayatoDragonFX  
FX:GBPNZD   Pound Inggris / Dollar New Zealand
Support and Resistance Trend Lines Supply and Demand GBPNZD gbpnzdlong gbpnzdbuy gbpnzdanalysis priceaction priceactiontrading priceactionanalysis gbpnzdidea
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supportandresistance trendline supplyanddemand gbpnzd gbpnzdlong gbpnzdbuy gbpnzdanalysis priceaction priceactiontrading priceactionanalysis gbpnzdidea
Hello my friends,

Another pair to trade for today is GBPNZD.
You can see price finally broken above the 10-months descending trend line which has acted as resistance.
This could become the beginning for GBPNZD to begin it's journey to the upside.

On the way up, i will look to add more position as price making a continuation pattern.

Buy GBPNZD 1.9050
Stop loss 1.8850
Take profit 2.0270 (6.1R)

Use only 1-2% risk
Good luck

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