GBPNZD: Bullish Continuation Setup

٩ يوليو ٢٠٢٠

Ascending triangle formation on GBPNZD.

the leg preceding this pattern is bullish and it makes me bullish biased on this pair.

the price is currently attempting to violate the horizontal resistance of the triangle.
in the case of 1H candle close above, the price will most likely keep growing.

next goals:
1.9240
1.9278

best entry is on retest,
safest stop is below the last higher low.