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TheSignalyst

GBPNZD Long/Buy Idea

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
TheSignalyst  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBPNZD buy Parallel Channel pattern Demand Zone zone rejection breakout
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trendanalysis chartpattern beyondta gbpnzd buy parallelchannel pattern demandzone zone rejection breakout
GBPNZD Long/Buy Idea

waiting for a momentum candle close above 1.961 to buy this one

Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Channel Pattern (in blue)
3- Demand Zone Rejection (in light blue)

Three confluences are enough to consider Buying GBPNZD, after a break above 1.961 (in gray)
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