JoshuaMartinez

GBPNZD Four Hour Sideways, +400 Pips bearish push

Short
FX:GBPNZD   Sterlina / Dollaro neozelandese
The GBPNZD Four hour time frame is in a large sideways movement. The market hit the top of resistance
and is starting to push bearish towards the future low price about +400 pips away. The market
is at a nice high price so I am going to turn to the one hour time frame and will look for a counter
trend line break bearish for entry. The one hour time frame shows a small sideways range so I plan
on taking short term profits until the big bearish breakout towards the larger support.
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