GBP/NZD retest on previous support

10 בנוב׳ 2021

GBPNZD

Step 1: define the trend (Daily timeframe)


Step 2: Define S/R zones (H4)
https://www.tradingview.com/x/zGQu5X33/

Step 3: Wait for Brake and retest on either of the zones
Step 4 : Check News
Step 5 wait for H1 entry confirmation
Step 5: Take Fibo to help you define your TP level.
I placed mine above 0.3821 and above a previous resistance zone
SL should always be putted around 10 pips above the previous resistance zone