GNPNZD SHORT BREAK AND RETEST TRADE SETUP
Hi Traders:
GBPNZD is in my weekly analysis/outlook, and today there might be some opportunity to short if the price action pulls back to a desire entry.
GBPNZD finally broke down daily support after many days of consolidations, now the 4 hr chart broke down support trend line. Waiting for a pullback, lower high to confirm bearish trend change before enter the short position.
Target 1: 1.8460 (3.43% Profit)
Target 2: 1.8300 (5.71% Profit)
Thank you for your support and feedback.
GBPNZD is in my weekly analysis/outlook, and today there might be some opportunity to short if the price action pulls back to a desire entry.
GBPNZD finally broke down daily support after many days of consolidations, now the 4 hr chart broke down support trend line. Waiting for a pullback, lower high to confirm bearish trend change before enter the short position.
Target 1: 1.8460 (3.43% Profit)
Target 2: 1.8300 (5.71% Profit)
Thank you for your support and feedback.
Commentaire:
Daily chart key resistance line/zone @1.8800. Good bearish engulfing could indicate a strong bearish momentum for the price action. Wait for intraday's price action to firm lower high before entering.
I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
