GBPNZD - 5 Reasons For A Daytrade Buy!
Updated
Buy #GBPNZD Plan
First Entry was at 1.9833
Second Entry is pending order at 1.9812
Stop is at 1.9783
Target is at 1.9873
I have 5 reasons to buy GBPNZD for a daytrade.
1. Currency Strength Meter GBP is strong NZD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bullish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
First Entry was at 1.9833
Second Entry is pending order at 1.9812
Stop is at 1.9783
Target is at 1.9873
I have 5 reasons to buy GBPNZD for a daytrade.
1. Currency Strength Meter GBP is strong NZD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bullish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
Trade closed: target reached
Note
This trade was entered late on TradingView cause I was trading them, but it follows the same rules as explained in the video. Also you can check the GBPAUD trade which was entered on tradingview in a timely manner.
Disclaimer
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