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TraderMetatronFx

GBPNZD - Short - GBP continues to be weak

British Pound / New Zealand Dollar (FX:GBPNZD)  
TraderMetatronFx Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Support and Resistance Supply and Demand
7
2
supportandresistance supplyanddemand
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
snapshot
Comment:
4hr View -
snapshot
Comment:
4hr trendline break

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