Get started
Thomas_Juchem

GBPNZD - SHORT FOR 420 PIPS

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
Thomas_Juchem  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns GBPNZD short
10
0
trendanalysis chartpattern gbpnzd short
GBPNZD has made a channel, broke it to the downside and now has retested, showing us a lot of rejection at the first Fibonacci Retraction, 38.2%. We can open a short entry with the following inputs:

Stop Loss: 2.06485
TP 1: 2.04440
TP 2: 2.03100
TP 3: 2.01500
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.