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halian2k

GBPNZD Bearish Showing H&S Pattern, FIB and Divergence

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
halian2k  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Fundamental Analysis GBPNZD gbpnzdsell gbpnzdshort gbpnzdsellstop
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trendanalysis chartpattern fundamental gbpnzd gbpnzdsell gbpnzdshort gbpnzdsellstop
Instruments shows head and should pattern with 4H Divergence. Price action shows bearish momentum with a first LH and LL. Placed a sell stop, which is better choice if the price breaks the previous LL and placed a Stop loss at previous LH. TP is set at 1:1 reward at FIB 60%. Will it work, what do you think?
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