GoldenEngine

GBPNZD - 4hrs ( Sell After Retest 2.1000 Area / TP 200 PIP )

Short
GoldenEngine Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Pair Name : GBP/NZD

1 DAY RELATIVE PERFORMANCE
GBP 0.06% / NZD 0.54%

Time Frame : 4hrs
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πŸ”— Key Technical / Direction ( Short After Retest )
Type : Mid Term Swing
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πŸ’²Why We Enter'd This Trade
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We've got an internal channel that's been busted at 2.1000.

That's why.
We have a line of direction broken at 2.1000, too.

And if you look at the left side, we'll find that the 2.1000 area is a high liquidity area that's also broken.

And at 2.1000: 2.15000 is 0.618:0.50 Fibo, which is also the area of change of character.

And so the best price for entry is at 2.0950 :2.10000 to ensure that the deal is activated.

And our target will be 2.0800, which is the area of exchange of roles and range of FIBO 1.618% and also the area of change of character.
Trade active:
activated
Comment:

πŸ’΅Pair Name GBP.NZD

RELATIVE PERFORMANCE
High %

Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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πŸ”— Key Technical / Direction ( Short / VIP Opportunity )
Type : Mid Term Swing
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Target Hit : 1
Account Growth : 5 %
PIP Achieved : 70 P
Last Target : 210 PIP

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