Short continuation on GBPNZD
The overall trend is down.
Market broke lower yesterday.
The market did a retracement.
On the hourly we can see the trigger candle in this the bearish engulfing.
Entry initiated on the running candle with a risk reward of 1: 1.
Potential of a second entry later on the day.
Market broke lower yesterday.
The market did a retracement.
On the hourly we can see the trigger candle in this the bearish engulfing.
Entry initiated on the running candle with a risk reward of 1: 1.
Potential of a second entry later on the day.
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.
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.