GBPNZD Short
Price has been bullish for several days. We have spotted the first signs of price exhaustion which signals a potential bearish correction.
We currently are waiting for price to create and intraday bullish correction and enter on the retest of the higher time frame key level before entering short.
Risk Reward for the trade is a potential 7.28 to 1.
Lets keep our charts simple as less is more.
We currently are waiting for price to create and intraday bullish correction and enter on the retest of the higher time frame key level before entering short.
Risk Reward for the trade is a potential 7.28 to 1.
Lets keep our charts simple as less is more.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.