RoyceCheng

GBPNZD in a consolidation period, look out for break out

FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD in a consolidation period, look out for break out
Can either set stop entry buy & sell order
or wait for break out and long/short the pullback
Nov 21
Trade active:
Apparently it has broke downwards, shorted at the red dotted line
Nov 21
Comment:
Price has pulled back, can add on short positions
Nov 22
Comment:
It was a false break out, and has formed a new pattern
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