GBPNZD - Intraday - We look to Sell at 1.9100 (stop at 1.9220)
Previous support located at 1.9000.
Previous resistance located at 1.9050.
We expect a reversal in this move.
Risk/Reward would be poor to call a sell from current levels.
A move through 1.9000 will confirm the bearish momentum.
Our profit targets will be 1.8850 and 1.8825
Resistance: 1.9050...
Anticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, all requirements for a valid K2 Trading Strategy entry are present providing additional confirmation for my idea
--GET ACCESS TO THE K2 TRADING STRATEGY BELOW--
k2-trades.teachable.com
Three options as the market can make. To the point of the line to fix the price or put a stop loss closer. After breakout of the hourly candle to open one more position to the next line.
