GBPNZD on a clear downtrend

G'day everyone!

All the explanations for this trade are in the chart. In a nutshell, follow the arrow but be careful because we are tapping into an area of support. If the price shoots up and closes above the most recent highs we will close the trade for the time being and look for better opportunities.

If you have any questions please leave them in comments.

Did you like the idea?? Give us a thumbs up!!

Do you have a different view and analysis? Let us know in the comments. I love to be proven wrong. It is the only way to become better.

Remember that trading is only part of your life. Do not spend all day in front of the screen!!

Surf, Trade, Live!!
Chart PatternsCoronavirus (COVID-19)GBPGBPNZDTechnical IndicatorskiwidollarNZDpoundpriceactionsignalsTrend Analysistrump

Aviso legal