GBPNZD H1 SHORT PRICE ACTION FORECAST

Pair under a clear bearish momentum, currently in consolidation. Now from a D1 domain, MACD is signaling a mild bullish force for an expected correction in H1.

Price correction should be towards the predominant descendent trendline in confluence with Fib level 5.0, where the entry for a short trade should be considered

The order:
Type: sell-limit
S/L: 53 pips - R:R | 1:3 -
T/P: aiming at the key support level from previous LL

--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***