GBPNZD Buy Pullbacks After The Breakout

0
504
GBPNZD Critical Zone Provides Bullish Opportunity

Click To Join Our Community Telegram Group

Hi Traders! We have GBPNZD buy pullbacks after the breakout. A detailed analysis of this buy opportunity is as follows:

GBPNZD Daily Chart:

On the daily chart the price which was moving inside a triangle pattern has currently broken above the top of this pattern. We may now expect the price to retest this breakout and then to move higher. Hence we may now look for more evidences of bullish pressure on lower timeframes in order to join the bulls.

GBPNZD Buy Pullbacks After The Breakout

Advertisement

 

GBPNZD H4 Chart:

On the H4 chart we may expect pullbacks to happen from the current zone towards the zone (marked in yellow) shown in the screenshot. Once the pullback completes itself look for evidences of bullish pressure and once we get evidences of bullish pressure, we may then start looking for buys.

GBPNZD Buy Pullbacks After The Breakout

Note: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this buy setup then you can use any setup and strategy that you have in your arsenal to look for bullish moves and join this buy trade.

If you want to learn how to do such analysis yourself, if you are looking for a professional team of traders and one of the best online trading communities, If you are looking for enormous archive of Webinars, Trading Tools, Trading Strategies, Books, Indicators, Expert Advisors and much much more, join my traders academy club for only $197 PER YEAR.

Join Traders Academy Club Now 

Also you can get one of my strategies free of charge. You will find all the details here

Happy Trading!

Yours to your success

Vladimir Ribakov

Click To Join Our Community Telegram Group

SHARE

JOIN THE CONVERSATION - I ALWAYS REPLY (VLADIMIR)

Please enter your comment!
Please enter your name here

We respect your privacy and take protecting it very seriously.