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GBPNZD: A drop is coming after the re-rest
British Pound / New Zealand Dollar
Short
GBPNZD: A drop is coming after the re-rest
By MONEYMAKER00
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Nov 30, 2020
1
Nov 30, 2020
INTRADAY/SWING TRADE:
--> Here we have a beautiful Descending Channel, which broke the demand area and re-tested it.
--> It's a high probability set-up with very good Risk To Reward ( 1:5 ).
--> Don't miss the chance that market offers you with the re-test.
--> Go to bigger timeframes (12H OR Daily) to see the exact pattern formation for a better understanding.
--> At smaller timeframe you will see the aggressive break and the corrective re-test.
breakandretest
Chart Patterns
Descending Channel
re-test
Trend Analysis
MONEYMAKER00
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