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GBPNZD SHORT SETUP H1

Short
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
Forex48_TradingAcademy  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Fundamental Analysis short trade GBP dollar priceaction forex48 Forex signals
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trendanalysis chartpattern fundamental short trade gbp dollar priceaction forex48 forex signals
On this, we have a bearish setup that overnight created a zone of interest for a short trade within a supply area around 1.9960. The objective is to wait for a bounce in that highlighted yellow zone and then enter a short trade with a target of 1.98. Pay close attention, as after days of congestion, the market seems to be showing some momentum.

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Happy trading to everyone.
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