OANDA:GBPNZD   āļ›āļ­āļ™āļ”āđŒāļ­āļąāļ‡āļāļĪāļĐ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāļ™āļīāļ§āļ‹āļĩāđāļĨāļ™āļ”āđŒ
As we can see from our last setup (see chart below) the GBPNZD pair reached our first target around 2.0087, but at the same time, I don't rule out reaching our old Target 2 (now Target 1) around 1.9850 area.
Technically speaking, the pair might develop something like an ABC Pattern as the main trend still remains bullish on intraday chart.

PREVIOS ANALYSIS
(Click and Play on Chart below)

Trade with care!
Like if my analysis is useful.
Cheers!
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
approach to first support

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
Approach to the last support area, if from here the pair will trigger a rebound, from a technical point of view it should be sold...

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
...rebound in play?

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
...still in play
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
The pair has successfully rebounded from our support around 1.9873, but as we said in previous updates, the technical bounce should be sold by the market. That said, our strategy hasn't changed and our Target is still valid.

āļ›āļīāļ”āļāļēāļĢāđ€āļ—āļĢāļ”: āļ–āļķāļ‡āđ€āļ›āđ‰āļēāļŦāļĄāļēāļĒāļāļēāļĢāļ—āļģāļāļģāđ„āļĢ:
Target 1 hit 💗

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
Even if our first Target was hit correctly, I expect a new low on intraday chart, and this swing might push the price around 1.9805 area in near term.
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
? ? ?

āļ›āļīāļ”āļāļēāļĢāđ€āļ—āļĢāļ”: āļ–āļķāļ‡āđ€āļ›āđ‰āļēāļŦāļĄāļēāļĒāļāļēāļĢāļ—āļģāļāļģāđ„āļĢ:
Target 2 hit 💗
Having said that, I personally want to thank the 12 traders who supported my setup with a simple Like, but above all I thank them for respecting the work of others, and I wish them all the best!

āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™:
Nice rally after out Target.....

🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
ðŸĨ‡ Crypto Exchange:
🌐 bit.ly/CryptExchange

Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015

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