GBPNZD, 4hr timeframe, Sell on retest of resistance area
Hello my friends,
GBPNZD currently very interesting as price broken below the short term trend line.
Also noticed that the last 2 candles on this chart looks like a bearish pinbar / shooting star candle.
I tried selling GBPNZD on the retest of broken zone of previous double top pattern.
Sell GBPNZD 1.9960
Stop loss 2.0035
Take profit 1 @ 1.9860
Take profit 2 @ 1.9770
Use proper risk management
Only risk 1-2% of your equity
Moved SL to entry once price touched TP1
Good luck
GBPNZD currently very interesting as price broken below the short term trend line.
Also noticed that the last 2 candles on this chart looks like a bearish pinbar / shooting star candle.
I tried selling GBPNZD on the retest of broken zone of previous double top pattern.
Sell GBPNZD 1.9960
Stop loss 2.0035
Take profit 1 @ 1.9860
Take profit 2 @ 1.9770
Use proper risk management
Only risk 1-2% of your equity
Moved SL to entry once price touched TP1
Good luck
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