GBPNZD 4hr BUY STOP GBPNZD
📈 4hr BUY STOP 📈
💰BUY STOP: 2.17273
💰STOP LOSS: 2.16528
TP TARGETS
🎯 TP1: 2.18024
🎯 TP2: 2.18765
🎯 TP3: 2.19507
✅ 1. Daily Time Frame: Price has been breaking bullish and trending above the 10/50/200 EMAs.
✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bearish candles.
✅ 3. Price has made a 123 Advanced Engulfing candle above the 50ema.
This is a great example of the 123 Advanced Engulfing strategy.
NOTE: If price does not reach my BUY STOP level and fails below the 50ema then I will cancel the buy stop order, very important we do this and not accidently leave the position on.