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Short continuation on GBPNZD
British Pound / New Zealand Dollar
Short
Short continuation on GBPNZD
By ezfx07
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Sep 26
2
1
1
Sep 26
The overall trend is down.
Market broke lower yesterday.
The market did a retracement.
On the hourly we can see the trigger candle in this the bearish engulfing.
Entry initiated on the running candle with a risk reward of 1: 1.
Potential of a second entry later on the day.
Chart Patterns
Trend Analysis
ezfx07
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