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GBPNZD H4: H*S / SHORT IT +250/+500 pips(SL/TP)(SWING)

Short
OANDA:GBPNZD   British Pound / New Zealand Dollar
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GBPNZD H4: H*S / SHORT IT +250/+500 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as short as I'm expecting a
SHORT/BEARS sequence in this market.


🔸 Summary and potential trade setup
::: GBPNZD 4hour/candle chart review
::: updated/revised outlook
::: speculative H&S setup in progress
::: expecting more gains before reversal
::: shorting from RS after bounce
::: is a low risk setup using tight SL
::: cluster of stop losses overhead
::: recommend to RESHORT near 1.9300
::: recommended strategy: SHORT rips/rallies
::: TP1 +250 pips TP2 +500 pips final TP 8850
::: lower risk strategy: short it from resistance
::: SL 100 pips TP1 +250 pips TP2 +500 pips
::: this is lower risk / recommend to SHORT IT RS
::: final TP BEARS is 8850 +500 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/bounce
::: Sentiment outlook mid-term: BEARS/REVERSAL/9300

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comment:
EURGBP H1: TP +100 pips Best Level to BUY/HOLD (SL/TP)
Comment:
WARNING: FED Interest Rate decision incoming in 3 hours.
so don't trade until the data is out and the dust settles.
Comment:
trade in progress sl adjusted to BE
Trade closed: target reached:
TP1 hit +250 pips TP2 adjusted to BE and stopped out.
wait for new update will post later next week.

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