Long GBPNZD, Rounding Bottom

Sep 5, 2018

GBPNZD previously broke a rounding bottom and entered into a rectangle of prices. Price has just broken towards the upside.

Potential bulls can bring the market back up to retest the previous breakdown level (now resistance of 2.05 to 2.07 area)

Sep 11, 2018

Trade active

Price seems to have broken above and on its target towards 2.07703 resistance area

Consider moving stop to breakeven

Sep 17, 2018

Note

GBPNZD is still going up,maintain long, target 2.07703