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Retuka
Aug 2, 2022 8:17 AM

GBPNZD TREND LINE BOUNCE  Short

British Pound/New Zealand DollarFXCM

Description

Pair: GBPNZD
Timeframe: 4H, 2H
Analysis: Round number level, trend line, volume profile, resistance,
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Key Takeaway: Seen bounce off resistance and bearish pressure against trend line
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Level needed: Need to see price close by 1.94025
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Trade: Short
RISK:REWARD 1:16
SL: 15
TP: 235
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Comments
JoeChampion
Great idea, it makes sense to me!
Retuka
@JoeChampion, thank you brother, we did see a break of these levels so ended up entering long, grabbing around 60 pips
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