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GBPNZD: Trading Plan For Next Week

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
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FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis GBP NZD GBPNZD pound newzealanddollar short
53
9
trendanalysis chartpattern waveanalysis forex trading technicalanalysis gbp nzd gbpnzd pound newzealanddollar short
snapshot

GBPNZD has reached significant resistance level.
currently the price consolidates within a rising parallel channel called bear flag pattern.
your plan for next week is to wait and sell bearish breakout of a flag.

T1 - 1.8715
T2 - 1.8520

Stop above the highest point of the flag.
if the market goes above 1.9, setup will be invalid
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