GBP/NZD retest on previous support
GBPNZDStep 1: define the trend (Daily timeframe)
Step 2: Define S/R zones (H4)
https://www.tradingview.com/x/zGQu5X33/
Step 3: Wait for Brake and retest on either of the zones
Step 4 : Check News
Step 5 wait for H1 entry confirmation
Step 5: Take Fibo to help you define your TP level.
I placed mine above 0.3821 and above a previous resistance zone
SL should always be putted around 10 pips above the previous resistance zone
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.