Expecting Short tomorrow for GBPNZD

GBP/NZD recently hit daily resistance. The markets then formed a double bottom breaking structure. We are currently seeing a retest , I am expecting the markets to retrace to the highlighted yellow area then make a significant push to the highlighted take profit area. I do not use order limits anymore as the markets may push down even farther and reach a new support level

Kommentera:

lol I feel retarded. I meant Double top not double bottom. Omg I all who followed this stacked sells and not buys