gbpnzd buy

10 Mei 2021

Weekly downtrend broken
Daily downtrend broken as well
Price is currently at the same area that weekly breakout from the downtrend which is now new area of supply and demand.
Price is making a double bottom of break out of daily downtrend to retest the area
Daily Doji showing price had indecision
Price made big bullish engulfing
Price will hit pay levels of 2.000 on weekly timeframe
Price is currently @ 1.935
First take profit is 1.95 Psy level (170+pip)
Stop loss 1.92 last area before booming up (100- pip)
4hr moving average cross over blue over red (indicating uptrend on the way)
4hr timeframe is nothing but bullish candles