liforexsignals

New idea: short to 1.9708

Short
FX:GBPNZD   British Pound / New Zealand Dollar
Since 8/11 the price has not stopped rising (+ 6.17%), only a small correction of two days before continuing to the resistance located between 2.0120 and 2.0260, old high of August 2020. If we expand the chart further, we can see a very clear shark type pattern, this adds to the resistance that it will find between today and the next 3 trading days, for which, I expect a very strong drop, of no less than 2 to 3% with a first TP EN 1.9708 and a second TP at 1.9433 and the SL at 2.0277. Personally I will open sell orders one after another every 80 pips as soon as I have a good bearish candle. If you liked this idea, please like it.
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