GBPNZD: Analysis based on Structure and Fibo Levels
Believe in a retracement into an important structure level with Fibo confluence (points 1,2 and 3) where I think it might be the area to be short (Killzone).
Stops above point 3
Target at 1,272 Fibo ext of points 3-2 (also a support level - look left)
Risk/Reward Ratio = 1.5
Stops above point 3
Target at 1,272 Fibo ext of points 3-2 (also a support level - look left)
Risk/Reward Ratio = 1.5
