LONG ON GBP/NZD

2022년 1월 23일

Price has broken out of a symmetrical triangle on the weekly timeframe.

I am looking to capitalize off the breakout, price has not pullback or retracted just yet but if it does not then price should take off.

Here is the play I will be taking on this pair:

PAIR = GBPNZD
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 2.02793
STOP LOSS = 1.99104 - 368 PIPS
TAKE PROFIT = 2.10213 - 742 PIPS