Swing Trend Trades on GBP/NZD

2019-12-05 17:52:36

It doesn’t look like the bullish candlesticks are gonna stop anytime soon, so y’all might have to wait until we see consolidation or bearish momentum before you bet on GBP/NZD extending its downtrend.

If you’re planning to short NZD, then you’ll want to place your stops just above the channel and aim for November’s lows for maximum reward-to-risk ratio.