GBPNZD H8: BUY/HOLD TP BULLS +200/+400 pips (SL/TP)(NEW)

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GBPNZD H8: BUY/HOLD TP BULLS +200/+400 pips (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more upside/gains
short-term and mid-term as well. BUY/HOLD IT.

🔸 Summary and potential trade setup
::: GBPNZD 8hour/candle chart review
::: speculative range trade setup
::: SWING trade setup / higher risk
::: strong chart with solid base
::: updated/revised outlook
::: setup still valid as of right now
::: price contained within bullish channel
::: expecting short-term pullback
::: BULLS should focus on buying low later
::: near 9200 range lows (well defined range)
::: right now most likely short-term weakness
::: so get ready for the pullback
::: BUY/HOLD LOW and get paid later
::: best reload bulls near 9200
::: TP1 BULLS +200 pips TP2 BULLS +400 pips
::: Recommended strategy: BUY/HOLD 9200 exit 9600
::: just load it up and get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: SUPPLY 9600
::: DEMAND 9200
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK/9200
::: Sentiment outlook mid-term: BULLS/9600

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

تعليق:

outlook remains the same