Home Forex Market Analysis Forex Signals GBPNZD Breakout Anticipation Buy

GBPNZD Breakout Anticipation Buy

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Flow Assessment

Price is in a range, but it got to this range from an up-flow

Location Assessment

Price is near the buy-side of the range

Momentum Assessment

Buyers have built up positions and there has been an SL hunt, so the buys are ready

Entry Price – Buy 1.95324

Stop Loss – 1.95096

Take Profit – 1.95665

Risk to Reward – 1:1.46

Profit & Loss Per Standard Lot = -$154.4/ +$225.6

Profit & Loss Per Micro Lot = -$15.44/ +$22.56

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