Short Trade Idea Head n Shoulders Pattern Formation We should see news continue to push this down for an overall 100 pips trade.
Potential short for GBPNZD Market was pushed up by news We are still in overall downtrend I believe on the 4 hour time frame TP 1 - 70 pips TP 2 - 160 pips
Series of lower higher being created Daily time frame created a Morningstar for a pullback to continue down. Take profit 1 = 78 pips take profit 2 = 140 pips take profit 3 = 200 pips
There is a gap on metatrader. There was a recent double bottom and retest of a trend line. Looking to see GU to keep going up.
We are seeing a series of lower highs on the hourly time frame. Should see some more bearish movement to come especially after this most recent retest at 1.88600 to continue down.