GBPNZD Swing Trade Idea by Trader_Nico

Nov 26, 2018

Here you can see a break of a big ascending trendline starting from January 2017 which appeared to be holding strong but now that price has broken through we are seeing a retest of it - creating the possible scenario of further downside. Also, we have the UK's Brexit plan to be passed through parliament so expect large amounts of volatility.

Nov 27, 2018

Note

close 50% +150 pips move SL to BE

Nov 29, 2018

Trade active

close 25% +380 pips

Dec 19, 2018

Trade closed: target reached

+625 pips