GBPNZD, Cup and Handle Formation

Trade plan 1

Cup and Handle Pattern
After cup completion, handle in progress
Short sell trade on bearish channel of handle
Short @ CMP
68% retracement completed
Target at Channel Bottom
Stoploss on channel break

Trade Plan 2

Wait for completion of handle
After break of bearish channel, take entry
Ride Long position
1:5 risk to reward can be targets