Trade idea - GBPNZD Short
Updated
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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