Get Short!!!
Hey guys, hope everyone is doing fine. Just wanted to give you guys an update on one of the pairs that I am looking at for this week the GBP/NZD. This pair is in a couple of patterns on the higher time frames but in determining what direction it was going to go I move down to the 4-Hour time frame. On this timeframe I can see the extension of a long drawn-out somewhat a descending channel of consolidation. In this consolidation was also an ascending channel which broke impulsively. In more detail on the 1 hour I can see consolidation forming and that is where I will look for short trades.
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