GBPNZD : SHORT POTENTAIL Setting UP !!

Updated
We see the GBPNZD & EURNZD having a near SIMILAR formation currently!
We Favors a POTENTIAL SHORT Position soon, as Price Action is currentlt taking place !
SHORT

GBPNZD
WEEKLY CHART : In a Upwards Channel. Previous week Price BAR - BULLISH Bear Bar !
snapshot

DAILY CHART : Smaller CHANNEL Within (WEEKLY CHANNEL) shows price Break Down
@ Channel Lower Lines.(Channel Break)
Also A Lower Low is notice. (Signalling Potential Downwards Move)
snapshot

A: SUMMARY – We see a Potential Push of Lower Low, and Lower High formation.
Therrfore a SHORT Position!
POTENTAL 300- 400PIPS Move downward !!

B: This Coming WEEK Analysis:
>H4/H1 Entry , look for Candle formation OR a pull Back , which is in process now !!

CHEERS .. Stay Nimble-TRADE SAFE !!
Let the Market Do, WHAT It is suppose to do !!
Act & Trigger as and when Market Dictate, ie your SHORT ENTRY !!
Trade active
Trade in SYNC as indicated. Keep TP towards 1.8750 ZONE !!

CHEERS, Trade safe !!
channelbreakChart PatternspriceactionTrend Analysis

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