Is there a last up swing coming??? GBPNZD Long Trade idea...

Sep 3, 2019

Price had a good bull run. The retracement seems to lose some steam but I think there is still some momentum left for one leg up. Price probably won't make a new high but I put my TP on the highest pivot point just in case. We have a nice window of opportunity to open a long trade with price showing support close to the trend line.

Just be patient and see what happens...

Sep 5, 2019

Trade closed manually

As predicted Price didn't make a Higher High but instead got a lot of resistance @1.9335. I have closed my trade and took a nice profit, maybe I will open this trade again when Momentum is back up again.