GBPNZD On Strong Support! Trading Plan:

22 de mai. de 2020

GBPNZD on strong daily support.

higher lows on 4H chart signify current seller's exhaustion.

to buy with confirmation I am focused on 2.002 minor resistance.
IF we see a 4H candle close above that, I will buy the pair on retest expecting a bullish continuation.

target levels will be:
2.011
2.018

stop will be below the last higher low.

if the market respects the resistance and drops below a current low, setup will be invalid.