Hi everyone! The GBPNZD shows a bearish trend with an imbalance on the 4-hour timeframe. It seems that the bearish trend will continue into the coming week. I am waiting to enter a sell trade at the 71% Fibonacci retracement level and the H4 order block. Please do your own analysis before taking any trades. Cheers!
Sell order (Direct order)
Sell @ 2.14290
SL - 2.14640, 35pips
TP1 - 2.13940, 35pips
Final TP - 2.11840, 245pips
Sell order (Direct order)
Sell @ 2.14290
SL - 2.14640, 35pips
TP1 - 2.13940, 35pips
Final TP - 2.11840, 245pips
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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.