Croixer

GBPNZD Swing Sell zone

Short
Croixer Updated   
FX_IDC:GBPNZD   British Pound / New Zealand Dollar
GBPNZD swing sell zone (2.04524 - 2.04838)

SL 50 pips above zone - 2.05320

TP1 - 50 pips 1:1 RR
TP recommended 500 pips - 1.98700
TP Max 800 pips - 1.96670
Trade active: Price touched Daily TL
Price are now in the zone collecting PO
Comment: TP1 50 pips hit from the last PO
Comment: it seems price 0.204690 can be use as sell re-entry point
Comment: Price keep testing R edge of the zone
Comment: Well price did closed below TL
Seems promising enough
Comment: Price returned to zone and dropped 120 pips
Comment: Sell now hits 250 pips from last PO
Trade closed: stop reached: pheww price hit BE

GBPNZD still have 2 major zone above
Weekly & Monthly

NZD also currently weak and predicted to bounce back after March
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