GBPNZD Long

8 באפר׳ 2016

Price caught in a range at the moment indicated by the rectangle. Price touched the bottom of the range twice, and on the second move it created a bullish push creating a higher high from the 2.075 high. It retraced and found support at 2.071, which was also a breakout level. Going long here and aiming for the top of the range at which I will plan on going short. That should confirm the range, and also the continuation pattern to have prices move a leg lower.

10 באפר׳ 2016

הערה

Stop was too tight, but trade is still valid. Got back in after the price respected the 2.064 area.