Buy GBPNZD : Inverted head and shoulder

9 Eyl 2019

The pair has formed an inverted head and shoulder patttern on daily basis. The prices are at the bottom of the second shoulder and is supported by 21 days EMA. Buy the pair as soon as the prices sustain above the necline at 1.93541 i.e. a daily closing above this level. The price may hover between the height of the second shoulder which is a good sign before a breakout. Once done, the first target will be at 1.95742, which is equivalent to the height of the shoulder and then at 1.98359. The stop loss for the trade is at 1.89833.

17 Eyl 2019

Not

First target achieved...

3 Eki 2019

İşlem kapandı: hedefe ulaştı

Cheers!!!!!