GBP/NZD, Trading Plan.

Short

British Pound / New Zealand Dollar (OANDA:GBPNZD)

Updated

OANDA:GBPNZD British Pound / New Zealand Dollar

Trend Analysis Chart Patterns Wave Analysis GBPNZD britishpound newzealanddollar EURUSD Forex

trendanalysis chartpattern waveanalysis gbpnzd britishpound newzealanddollar eurusd forex

Price broke down Mirror level and D1 chart close under it
Long-term trend is bearish.

I will Open Sell after a pullback to 1.8839 goal is 1.8640

Comment:

Also, take a look on the weekly chart
Price bounced so powerfully from a key level 1.8955
It shows for us that long-term movement is bearish

I will open Sell after pullback because near key level I know what is my risk only.

snapshot

Comment:

GBP/NZD is so close to key level
Wait on Sell entry

snapshot

Trade active

Trade closed: target reached

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