GBPNZD TREND BREAKOUT

40
PAIR: GBPNZD
TIMEFRAME: D1 / 4H
ANALYSIS TOOLS: SUPPORT/RESISTANCE, TREND LINES, CANDLESTICK PATTERNS

-Price broken support trend line and has retested it as resistance
-Also hit very significant and historical resistance and seeing some sort of bearish momentum
-Waiting for candlestick confirmation until we enter

ESTIMATED PROFITS: 300 PIPS
POSITION: SHORT
MOST LIKELY GOING TO ENTER ON MARKET OPEN

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