GBPNZD - waiting for bullish continuation

63
Weekly - bullish
Daily - bullish
H4/H1 - waiting for a pullback and then some evidence of a bullish continuation.
The area marked has been used a few times in the past. Also note that the 20ema will provide confluence to my bullish bias.

This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!

It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.