gbpnzd h8 short sell from resistance tp 2.0300

🔸Hello traders, let's review the 8 hour chart for GBPNZD today. Expecting reversal
after we hit strong overhead resistance at 2.0900. currently risk/reward shifted
in bears favor.

🔸previously V-shape recovery completed at 2.0900, however right now bears
will likely take over in this market. below bears will target mirror s/r level
at 2.0300. strong risk/reward on sell side now.

🔸Recommended strategy for GBPNZD bears: short at market / short sell any rips
and rallies towards resistance, SL 80 pips TP1 +200 pips TP2 +400 pips. swing trade
setup, so naturally will take more time to hit TP. good luck, traders!

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