GBPNZD SHORT TRADE ON VALUE GAP

On GBPNZD, we have had a bearish setup since Wednesday the 28th. My trade is based on a price retracement with validation inside a value gap around 2.0765. The price experienced a spike at the entry, retracing to the 61% Fibonacci level. The target is set at 2.0647, which corresponds to the second low we have on the H1 timeframe since our entry. It would be fantastic if you shared your opinion and left a like to support our work. Happy trading to everyone! Nicola, CEO of Forex48 Trading Academy.