GBPNZD Short. Markert has reached daily trend.

Short

British Pound / New Zealand Dollar (FX:GBPNZD)

Updated

FX:GBPNZD British Pound / New Zealand Dollar

Trend Analysis trend analysis marke Forex fx NZD GBP GBPNZD

trendanalysis trend analysis marke forex fx nzd gbp gbpnzd

The market has reached the daily trend line and placed an engulfing candle. We could see a sell for gbpnzd

Comment:

TP 200 pips. (Long term target)

Comment:

GBP decided to go the other way. After it closed above the line we couldve tried and capture the breakout. :(

Comment:

If you were to set multiple trades with multiple tps such as 50 then you wouldve hit tp and be stopped out. I believe this is the way to go with these trades:)

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