Welcome to our weekly trade setup ( GBPNZD )!

1 HOUR
Bearish closure at the end of previous week.

4 HOUR
Expecting more downside this week.

DAILY
Overall sideways moving structure with good short entries!

FOREX SWING
SELL GBPNZD
ENTRY LEVEL @ 1.90560
SL @ 1.91600
TP @ 1.88970
Max Risk: 0.5% – 1%!
(Remember to add a few pips to all levels – different Brokers!)

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Have a great week everyone!

ALAN

https://www.tradingview.com/chart/GBPNZD/SIegUoId-GBPNZD-SWING-08-FEBR-2021/