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gibbsys
May 11, 2021 9:03 PM

GBPNZD Short Setup Short

FX:GBPNZD120
British Pound/New Zealand DollarFXCM

Description

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Trend: Ranging
Structure: Horizontal resistance

Plan: We have seen a bounce off upper resistance and a potential breakout to the downside.

We have set up at 0.5 Fib level.
Trend AnalysisChart PatternsTechnical IndicatorsTechnical Analysis
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