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British Pound / New Zealand Dollar
Short

GBP/NZD trade setup

By danresdidualfx
price gained momentum into the third highs of a rejection of a key trendline, with candlestick spiking and attempting to accumulate more sellers around that high of 2.0370-2.0420. We have daily projections of targets where price could reach 2.0200 and lower, giving current market situations, markets are very volatile. therefore an SL of around 2.0430 is durable, perhaps, trailing our sl into profit whilst trade is in consistence with our bias would also be safe.

thanks!
Chart PatternscoonfluenceTechnical IndicatorsreversetradingTrend Analysis
danresdidualfx
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