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MONEYMAKER00
Nov 30, 2020 8:33 AM

GBPNZD: A drop is coming after the re-rest Short

British Pound/New Zealand DollarFXCM

Description

INTRADAY/SWING TRADE:

--> Here we have a beautiful Descending Channel, which broke the demand area and re-tested it.

--> It's a high probability set-up with very good Risk To Reward ( 1:5 ).

--> Don't miss the chance that market offers you with the re-test.

--> Go to bigger timeframes (12H OR Daily) to see the exact pattern formation for a better understanding.

--> At smaller timeframe you will see the aggressive break and the corrective re-test.
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