TradingView
drprofit
May 22, 2017 4:14 AM

GBPNZD-SHORT OPPORTUNITY Short

British Pound/New Zealand DollarFXCM

Description

Once this level has been Broken look for a sell. on the retest of the Neckline for the Head and Shoulder Pattern.
Short Term Target: 1.8550
Medium Term Target: 1.8325
Long Term Target- 1.8080

Courtesy of Zakar Dolsey.

Comment

Price has broken below the trendline. Look for a retest of the trendline for entry into the sell on the continuation. Preferably a 50%-61-8% retracement of the preceding move.
Comments
jojofang0901
Hi nice trade setup, I have similar view as well. Thank you for sharing.
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