GBPNZD H2: BEST Level to SHORT/HOLD +150/+250 pips(SL/TP)(SWING)

23 dic 2022

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GBPNZD H2: BEST Level to SHORT/HOLD +150/+250 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because 250 pips DUMP still
remains. recommend to SHORT/HOLD IT.

🔸 Summary and potential trade setup
::: GBPNZD H2 2hour candle chart review
::: SPECULATIVE reversal trade setup
::: compression in bearish channel now
::: previously strong dump / rejection
::: SHORT/HOLD rips/rallies from overhead
::: expecting limited upside next 1-2 weeks
::: 250 pips downside remains
::: noteworthy sequence of lower lows
::: expecting fresh selling / DUMP
::: TP1 BEARS +150 TP2 BEARS +250 pips
::: final TP BEARS is 1.8950
::: recommended strategy: SHORT/HOLD near market
::: strong rejection from overhead resistance
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8950 fresh demand zone
::: 9250 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/DUMP
::: Sentiment outlook mid-term: BEARS/DUMP

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

28 dic 2022

Nota

+100 pips already

2 gen 2023

Trade chiuso: obiettivo raggiunto

FINAL TP HIT +250 PIPS. CONGRATS.