Yuriy_Bishko

GBPNZD, Two reasons to Sell

Short
FX:GBPNZD   British Pound / New Zealand Dollar
One more GBP chart wich respects Fibo levels.
As you can see near blue zones the price shows us mirror movements.
Now it can bounce off again.
The second reason is the huge daily candle. It includes a full daily ATR at the time, this meat a pullback is more possible than continuing its up move.
Do you agree with it?

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Trade closed: stop reached: S/L hit

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