FX:GBPNZD   British Pound / New Zealand Dollar
Price Action Trading.

Price in H4 & Daily TF is bearish. So price has retrace back into resistance level that have been tested a few times. Currently, Price have break through H1 Support and bullish trendline and close lower. Price now retesting the H1 support level. Taking the low.

Take short trade targeting a swing low of H4 time frame with R:R 1:6
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.