GBPNZD short

52
Pair in downtrend. Possible rejection from broken support which now acts like resistance. Entry line red, SL lines yellow, TP green. Enter just after false breakout and clear rejection candle on 4H chart. This idea has bad RR ratio. So there are two SL. First use upper yellow line=1 ATR from 1D TF. After entry wait and if price will go to your favour move SL to bottom yellow line. Price continues down move SL to break even. This is not a financial advice. Good luck.

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