POTENTIAL SHORT TRADE SET UP FOR GBPNZD

Hello Guys,

The price broke out of long term corrective structure with an impulsive move to the downside. After the impulsive move, we have a retracement/corrective structure which has also been broken out on the LTF.

Its likely that we see more of the downside soon.

Check it out if it fits your plan.

⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future results. Trade Responsibly!