TraderMetatronFx

GBPNZD - Short - GBP continues to be weak

FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD has broken a important support level on the Daily chart . Short the retest where price is currently.
Comment: A less risky entry would be to wait for a daily close below the brown level.
Comment: Clear rejection on the daily from the level. I don't take trades on a Friday, so this will be left to next week for entry, but looking good
Comment: 4hr View -
Comment: 4hr trendline break

Comment: Trading running well. Lets wait for daily close below blue level to confirm further downside.
Trade closed manually: Findng some support, taking profits

Comments

Very good! Here is what price action shows:
Reply
TraderMetatronFx VasilyTrader
@VasilyTrader, Agree, if we close back above, my bias changes as per you chart, will be a great long opportunity. Always be reactive to the market.
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