GBPNZD Buy Idea
W1 - Bearish cycle completed.
D1 - Good up trend line has formed.
H4 - Price broke above the range and is still holding
H1 - We had two false breaks. We will be applying the double trend line breakout principle here. After the breakout of the first trend line wait for the double wave correction to complete itself and go short with the breakout of the most recent trendline.
D1 - Good up trend line has formed.
H4 - Price broke above the range and is still holding
H1 - We had two false breaks. We will be applying the double trend line breakout principle here. After the breakout of the first trend line wait for the double wave correction to complete itself and go short with the breakout of the most recent trendline.
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