jm_rguez_

GBPNZD - H&S in 4h chart

Short
jm_rguez_ Updated   
OANDA:GBPNZD   British Pound / New Zealand Dollar
We´ve seen how the price has develop in a range between 1.950 and 1.913 since the beginning of November an we can expect it brakes the resistance during the upcoming days up to the next level, placed at 1.88. Wait for a breakout to confirm the trade and open a position.

TARGET --> 1.88
Comment:
The price hasn't broken the resistance zone so far and stays in the range.
Comment:
New retest of the resistance coming soon.
Trade active:
The price has finally broken the resistance and it has developed and ascending channel which may lead an upcoming drop today. Trade is active.
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