GBPJPY buy trade idea 01 09 2021
BUY GBPJPY 151.66
SL: 151.36
TP1: 151.86
TP2: 152.06
TP3: 152.26
Signal Analysis by LCMS Traders
Currency Pair: EURNZD
SELL EURNZD 1.6723
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone CPI flash estimate y/y strong rise in annual inflation, NZD: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: fast down, slow touch
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: Eurozone Unemployment Rate 1700hrs, NZD: -
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