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11021992
Dec 11, 2016 1:55 PM

GBPNZD bearish entry at the retest  Short

British Pound/New Zealand DollarFXCM

Description

Hi traders,

On the GBPNZD we can see that price has broken the trendline. I'm expecting a retracement towards the trendline (confluence with previous structure) and then another drop.
Entry: 1.76916
Stop: 1.77927
Target: 1.75209 = R:RR 1.69

Best of luck! I will be updating this post as time progresses.

Trade active

Trade closed: target reached

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