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Teampocketmoney
Jan 15, 2018 5:28 AM

Long bias on GBPNZD Long

British Pound/New Zealand DollarFXCM

Description

Monthly bullish cross of MA's and price is looking to make HH. There is currently a lot of buying pressure as well.
Weekly ADX bullish. Buy Pressure present
1HR we have a nice bullish engulfing candle.

I would like price to retrace to 38.2-0.618 PRZ so i can go long. Wait for candle confirmation as well.

Comment

There is also a completion of a crab pattern on the 4hr.

Comment

Closing in on TP1

Comment

TP 1 HIT

Trade closed: target reached

TP 2 HIT!
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