GBPNZD SHORT TERM SELL

Updated
Hello , in 4 hour we get strong SELL signal and in daily chart also price has just crossed below 20 MA Bollinger after rejection from 50 MA , since 20 BB moving averages in daily is still facing up i would not consider it for long term SHORT , for now i would be happy to get these 100 or more pips. :) ..

Later if price retests 20 MA BB , and continues downside then we can take longer term short opportunity , or vice versa long towards retest of 50 MA
Trade closed: target reached
Thanks for liking and viewing idea ... trade closed with 118 HAPPY PIPS of TP hit ... stay with me for more ideas ...kindly like and follow to keep updated
Technical IndicatorsTrend Analysis

Disclaimer