GBPNZD techenical analysis

115
GBP/NZD SELL SETUP

Pair: GBP/NZD
Timeframe: 4H (Swing Trade)

Market Breakdown:
Breakout of the descending channel
Double Top confirmed at resistance

EMA 50 Retest (Bearish confirmation)

Entry: 2.26130 (Strong Sell )

Target 1: 2.24970
Final Target: 2.23720

Trade Setup:
No clear resistance level for a buy
Strong bearish confirmation for selling
Waiting for price reaction at key levels

Risk Management:
Stop Loss Above the Double Top for safety
Proper lot size to manage risk

Stay disciplined & trade safe!
Trade active
TRADE UPDATE

GBPNZD TARGET LEVEL 1 HIT!

Entry: 2.26130

Current Price: 2.24970

Profit: +115 PIPS

Indicator: EMA50

Time Frame: 4H

Strategy: Swing Trade

Keep trailing your profits & stay tuned for the next move!

#Forex #Trading #GBPNZD #SwingTrade #Profit #Pips

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