GBPNZD, Cup and Handle Formation
Trade plan 1
Cup and Handle Pattern
After cup completion, handle in progress
Short sell trade on bearish channel of handle
Short @ CMP
68% retracement completed
Target at Channel Bottom
Stoploss on channel break
Trade Plan 2
Wait for completion of handle
After break of bearish channel, take entry
Ride Long position
1:5 risk to reward can be targets
Cup and Handle Pattern
After cup completion, handle in progress
Short sell trade on bearish channel of handle
Short @ CMP
68% retracement completed
Target at Channel Bottom
Stoploss on channel break
Trade Plan 2
Wait for completion of handle
After break of bearish channel, take entry
Ride Long position
1:5 risk to reward can be targets
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