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rkarara
Sep 1, 2019 9:20 AM

GBPNZD SHORT Short

British Pound/New Zealand DollarFXCM

Description

INTERESTING SET UP FOR UPCOMING WEEK
- PRICE CURRENTLY AT A NICE ROUND NUMBER 1.93700
- PRICE BROKE THROUGH BEFORE, RETESTED AND THEN SOLD OFF
- CURRENTLY AT A SECOND RETEST
- SYMETRICAL TRIANGLE FORMED ON THIS LEVEL A,B,C,D,E PATTERN
- HAD A CONSOLIDATION PHASE JUST BEFORE THE TRIANGLE, SHOWING SIGNS OF WEAKNESS IN THE UPTREND
- 3 WICKED REJECTION CANDLES ON DAILY CHART
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