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Sell GBPNZD

by Rachmat Bayu N, November 14, 2022

GBP/NZD H1 Price Action

by Rachmat Bayu Nugraha November 14, 2022

1
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GBP/NZD

|

Short

|

H1

Timeframe:

H1

Analysis Method:

Price Action

Analysis:

GBPNZD create a ascending broadening wedge pattern, already breakout and retest the pattern, sell now and set TP1 and TP2 as per drawing attached.
Set BEP when price reach TP1.

Trade Plan:

Sell

Risk Management:

1%

Things To Watch For:

1,92750 (support LL after break pattern)

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DISCLAIMER

The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product.

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