GBPNZD TRADING CHART VIEW
GBPNZD pair has two supports and one major resistance for
trading in forex. The pair have bullish trend but fail to break level of 1.9550
with in short time break and go back to short side in one hour, which situation
market is want to move back to 1.9080 that is first target.
Now we see in technical point to trade if the pair is closed
below 1.9450 then we open short trade otherwise no trade.
We see second view to buy trade, if market is closed above
level of 1.9550 then the trader open buy trade to get first target 2.0120 area
is first resistance.
Note if market is go your favor 50 point then you change
stop loss at the entry point to save trade.
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| GBPNZD TWO REVERSAL PINBAR TRADE VIEW UPDATE 10/5/2022 |
