Pound Inggris / Dollar New ZealandPembelian
GBPNZD Long
Can see here a clear break and retest of the monthly resistance level that i've marked up with the red dashed line.
There's also a larger overall trendline i've added to the upside which is taken from the last swing high on the daily.
Profit targets are set at the trendline but could also look to take partials and move stops to break even when we hit the first H4 resistance levels. The stop loss, entry and profit targets are based off the H4 charts but the daily chart here also shows the same break and retest of the monthly resistance.
There's also a larger overall trendline i've added to the upside which is taken from the last swing high on the daily.
Profit targets are set at the trendline but could also look to take partials and move stops to break even when we hit the first H4 resistance levels. The stop loss, entry and profit targets are based off the H4 charts but the daily chart here also shows the same break and retest of the monthly resistance.
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