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jerrin98

GBPNZD - SELL potential

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
jerrin98 Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Wave Analysis SELL short pricecaction priceactionanalysis gbpnzdshort gbpnzdsellsignal
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trendanalysis chartpattern waveanalysis sell short pricecaction priceactionanalysis gbpnzdshort gbpnzdsellsignal
Daily: Bearish engulfing candle after upper trendline line touch
Price is in an ascending channel
Overall trend = downtrend

4hrs:
LTF correction towards the upper trendline line, Indicating us that price could reject the upper trendline and move to the downside
Price broke out of the LTF correction, need to wait for a correction before an entry
Need to wait for a pullback

1hrs:
Possible Head and shoulders pattern forming
Trade closed: stop reached:
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