GBPNZD D1: +300/+600 pips Best Level to SHORT/HOLD (SL/TP)

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GBPNZD D1: +300/+600 pips Best Level to SHORT/HOLD (SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more losses
short-term and mid-term as well. SHORT/HOLD IT.

🔸 Summary and potential trade setup
::: GBPNZD D1/candle chart review
::: locked inside major trading range
::: recently rejected near range highs
::: 2.0150 heavy horizontal S/R BEARS
::: speculative range trade setup
::: SWING trade setup / higher risk
::: shorting near range highs makes sense
::: updated/revised outlook
::: setup still valid as of right now
::: BEARS likely taking over short-term
::: expecting short-term losses / backtests
::: BULLS should focus on buying low later
::: near 9100 range lows (well defined range)
::: right now most likely short-term weakness
::: so get ready for the pullback
::: SHORT/HOLD rips/rallies TP 9100
::: best reload BEARS near market now
::: TP1 BEARS +300 pips TP2 BEARS +600 pips
::: Recommended strategy: SHORT/HOLD exit 9100
::: just load it up and get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: SUPPLY 2.0150
::: DEMAND 9100
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK/9100
::: Sentiment outlook mid-term: RANGE/MIXED

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

הערה:

shorting rips/rallies makes sense

הערה:

BOOM! printing stacks already.

הערה:

+160 pips so far