confirmed structure breakout on pound new zealand

Jan 18, 2019

hey traders,

on pound new zealand we see a decent bullish violation of 1.9 level setting new structure high around 1.92
Now the market is in overbought condition so with high probability we will see a pullback to 1.9.
For us this level is a great entry point for buying the market.

my first target will be around 1.96 and second around 2.0

stop loss is 1.845

good luck!

Jan 18, 2019

Note

Down move

Jan 19, 2019

Note

Market closed retesting the broken structure

Jan 21, 2019

Note

bounce from the zone