GBPNZD in a consolidation period, look out for break out
Can either set stop entry buy & sell order
or wait for break out and long/short the pullback
Can either set stop entry buy & sell order
or wait for break out and long/short the pullback
Trade active
Apparently it has broke downwards, shorted at the red dotted line
Note
Price has pulled back, can add on short positions
Note
It was a false break out, and has formed a new pattern
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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.