GBPNZD... strategy for short position

Hi everyone

GBPNZD price broke below 50MA but still above the trend line.

if the price continue to move below 50MA and break the trend line

downward will drop at least to touch 200MA( white line).also MACD

is moving in negative side too.

as long as the price won't move the trend line, short position will not execute

also if the price move above 50MA again this strategy would be invalidate for a while.

GBPAUD price also has the same situation.


Enjoy the market

Trade attivo:

short position triggered, so if you took the position you can set stop loss above 2.042

Commento:

GBPAUD
as mentioned this pair has same situation like CBPNZD.