GBPNZD - I've got a trade idea for you!
As we await for Powell! I found a this great trade idea, it's a break to either direction...Now remember, we could get false break out!
Highs: 1.94570
Lows: 1.93620
Pattern: Triangle
A break to either direction, break of 200 EMA area takes you to 0.382 & 0.236Fib areas. However, if we break above the trendline down, I expect target areas 1.95 half areas and perhaps even 1.96 half area matching the 1.618 area!
Have a great day ahead,
Trade Journal
As we await for Powell! I found a this great trade idea, it's a break to either direction...Now remember, we could get false break out!
Highs: 1.94570
Lows: 1.93620
Pattern: Triangle
A break to either direction, break of 200 EMA area takes you to 0.382 & 0.236Fib areas. However, if we break above the trendline down, I expect target areas 1.95 half areas and perhaps even 1.96 half area matching the 1.618 area!
Have a great day ahead,
Trade Journal