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The808Trader

Kiwi Fighting Back? - Ichimoku GBP/NZD Sell Setup

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
The808Trader  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators GBPNZD gbpnzdshort Bearish Patterns the808trader Ichimoku Cloud ichimokuforex gbpnzdsell
5
0
trendanalysis chartpattern indicator gbpnzd gbpnzdshort bearish the808trader ichimokuclouds ichimokuforex gbpnzdsell
The Kiwi finally started showing some bite last week as this pair dropped down and through the kumo. I am looking to see if that trend will now continue. I would like to see a re-test of the kumo and a good rejection to enter a sell. If we can get that drawback and sell entry then we still have some good price structure to aim for down below. If we fail to get a drawback for a good entry, we could alternatively enter below the recent price structure lows should we piece that level as well. If we fail to fulfill either of those scenarios, this setup may become invalidated.
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