Price has just broke the 4H downtrend on GBPNZD. Look for a retest of this zone on the top side and there we will make our entry. As long as price breaks and retests on top of this zone we have our confirmation for a long entry. Additionally, look on the Daily chart and you will find that price is in a true uptrend dating back for a while. Usually when price breaks the downtrend within this major uptrend, we see an increase of hundreds of pips. #PipCity awaits.