TomHall

GBP/NZD Potential 2618 Trade

FX:GBPNZD   British Pound / New Zealand Dollar
149 2 4
Depending on how you trade and the criteria in your trading plan, this could be a potential short at the 61.8%

For me personally i would need the following to trade:
- Double Top
- Break of structure
- 61.8% retracement
- Stop loss above double top
- Target 1 at 38.2% Retracement

In my trading plan i would have needed to see a break of previous support before i see a 2618 trade.

Good luck.

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Hope you're going long now
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Hi,

Before looking to go long, i would be looking for a pullback into 2.079 handle.
previous resistance hopefully now act as support before a push higher.
I will keep my eye out for this move.
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