Trade idea - GBPNZD Short
4H
Bearish impulse / Break of last HL: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
1H POV
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Sell limit.
Bearish impulse / Break of last HL: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
1H POV
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Sell limit.
Note
WEEKLYDouble top pattern potentially in play.
-27 Fibonacci has been completed.
Clear support & resistance zone is there.
Trade active
Trade closed: stop reached
-1%.
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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.