GBPNZD H1: H*S / SHORT IT +300/+600(SL/TP)(SWING)

Oct 21, 2022

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GBPNZD H1: H*S / SHORT IT +300/+600(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as short as I'm expecting a
SHORT/BEARS sequence in this market.

🔸 Summary and potential trade setup
::: GBPNZD 1hour/candle chart review
::: updated/revised outlook
::: speculative H&S setup in progress
::: expecting more gains before reversal
::: shorting from RS after bounce
::: is a low risk setup using tight SL
::: cluster of stop losses overhead
::: recommend to RESHORT near 2.0000
::: recommended strategy: SHORT RS 2.0000
::: TP1 +300 TP2 8160 +600 pips
::: lower risk strategy: short it from resistance
::: SL 80 pips TP1 +300 pips TP2 +600 pips
::: this is lower risk / recommend to SHORT IT RS
::: final TP BEARS is 9350/9400 +600 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/bounce
::: Sentiment outlook mid-term: BEARS/REVERSAL/9350

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Oct 21, 2022

Note

GBPNZD D1: +300/+600 pips Best Level to SHORT/HOLD (SL/TP)

Oct 21, 2022

Note

previous setup PNL +200 pips already
congrats if you followed

Nov 1, 2022

Note

+300 PIPS CONGRATS IF YOU FOLLOWED

Nov 3, 2022

Note

+500 PIPS CONGRATS IF YOU FOLLOWED

Nov 3, 2022

Trade closed: target reached

FINAL TP HIT +600 PIPS CONGRATS
(SHORT FROM 2.0000 UNTIL 1.9400)