gathukumiruhiu001

gathukumiruhiu001

am looking at a buy on this pair since it broke the trend indicating a change of trend also the support has been tested meaning it would be a good area to go long

gathukumiruhiu001 Updated 

price broke the trend and also rejected that resistance meaning we might see the price droping to the beow support

gathukumiruhiu001

looking for buys as it is forming a bullish flag this also adds more confluence to the trade as it is also showing more buys on higher timeframes

gathukumiruhiu001

the reason behind my set-up is simple as you can see that is a very strong support down which after e rejection will give me a good entry price for GBPNZD

gathukumiruhiu001

so my analysis is based on trend in trend as you can see the pair seems to be in a very interesting place to take shorts or if the price brakes that support i'll enter for a buy

gathukumiruhiu001

this is an anylisis of australian dollar vs the canadian dollar