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remelthomas

GBPNZD 4 HOUR SHORT

Short
Sterlina / Dollaro neozelandese (FX_IDC:GBPNZD)  
remelthomas  
FX_IDC:GBPNZD   Sterlina / Dollaro neozelandese
textbook Support and Resistance retrace retracement Fibonacci fib Fibonacci Retracement 38.2 382 Fibonacci Retracement 61.8 Double Top Pin Bar Inverted Hammer neckline short SELL Bearish Patterns downtrend continuation sellhigh pound GBP (British Pound) NZD gbpnzd4hr gbpnzdshort GBPNZD
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textbook supportandresistance retrace retracement fibonacci fib fibonacciretracement 38.2 382fibonacciretracement 61.8 doubletop pinbar invertedhammer neckline short sell bearish downtrend continuation sellhigh pound gbp-british-pound nzd gbpnzd4hr gbpnzdshort gbpnzd
basic textbook setup. price has retraced into a key resistance level which also has 2 fibs lined up with it aswell (38.2% and 61.8%). double top has now formed and price has bounce off the Resistance forming a pin bar/inverted hammer. Target at the neckline of double top.
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