Stance : Short sell
Short sell trigger at 2.07885 (resistance -LH) because trend reversal i.e double top pattern indicate that GBPNZD is in downtrend.
Wait for following confirmations before short :
1)on low time frame i.e hourly , see trendline support break
2)on low time frame i.e hourly ,see bearish candles
Short sell trigger at 2.07885 (resistance -LH) because trend reversal i.e double top pattern indicate that GBPNZD is in downtrend.
Wait for following confirmations before short :
1)on low time frame i.e hourly , see trendline support break
2)on low time frame i.e hourly ,see bearish candles
Note
Analysis at 4 hrsNote
Trade active as per planTrade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.