GBPNZD is turning its back on sellers

Double bottom at a significant daily level is a sign GN is going for a push higher. Even though we are at a resistance, sellers failed again and again to break the support. Big bullish wicks indicate buyers were entering the market thus diminishing the sell-off effect. I entered a buy after H1 failed to reached mentioned local support with a strong bullish candle.

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Liftoff!

Trade stängt: Stopp nått:

Took a loss on this one.