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GBPNZD Sell Setup!
British Pound / New Zealand Dollar
Short
GBPNZD Sell Setup!
By TheSignalyst
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Jan 14, 2021
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Jan 14, 2021
Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GBPNZD is sitting around a strong resistance in orange so we will be looking for sell setups on lower timeframes.
on M30: GBPNZD is forming a head and shoulders pattern (still an idea) so we will be waiting for the right shoulder to form to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area/neckline to sell.
and until the sell is activated, this one would be overall bullish and can still trade higher.
Good luck!
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Chart Patterns
GBPNZD
Technical Indicators
neckline
pattern
Trend Analysis
TheSignalyst
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