GBPNZD Swing Sell zone

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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
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Price touched Daily TL
Price are now in the zone collecting PO
Ghi chú
TP1 50 pips hit from the last PO
Ghi chú
it seems price 0.204690 can be use as sell re-entry point
Ghi chú
Price keep testing R edge of the zone
Ghi chú
Well price did closed below TL
Seems promising enough
Ghi chú
Price returned to zone and dropped 120 pips
Ghi chú
Sell now hits 250 pips from last PO
Đóng lệnh: dừng lỗ
pheww price hit BE

GBPNZD still have 2 major zone above
Weekly & Monthly

NZD also currently weak and predicted to bounce back after March
Chart PatternsTechnical IndicatorsTrend Analysis

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