GBP/NZD - Potential Short
- Price currently bouncing between two levels in a descending channel, a bearish indication as price has reached the resistance of the channel
- Look for a clear sign of rejection and close of the 1hr/4hr candle's, to then enter a short to the bottom of the channel
- Potential 157 pips for grabs with a lovely 1:6.8 ration as the tight sl is just above previous high and channel resistance
- Look for a clear sign of rejection and close of the 1hr/4hr candle's, to then enter a short to the bottom of the channel
- Potential 157 pips for grabs with a lovely 1:6.8 ration as the tight sl is just above previous high and channel resistance