Shark Pattern forming on the 1 Hour for GBPNZD. The Pitchfork on top of it has been playing out nicely so far (at the time of this idea) Long term we're on a higher trend for this pair, so that would factor into my bias on how the rest of this trade plays out.
Would like to see price bounce around the pitchfork for the next few days to help ID future entries.
TRADING DISCLAIMER: Forex trading is risky. You could lose part or all of your initial investment. Please consult a licensed financial adviser before trading in the Forex market. The information provided in this post is but a scenario NOT based on a real account, but rather hypothetical trading results. Your results may vary. Past performance is no guarantee of future results.
Would like to see price bounce around the pitchfork for the next few days to help ID future entries.
TRADING DISCLAIMER: Forex trading is risky. You could lose part or all of your initial investment. Please consult a licensed financial adviser before trading in the Forex market. The information provided in this post is but a scenario NOT based on a real account, but rather hypothetical trading results. Your results may vary. Past performance is no guarantee of future results.