GBP/NZD Long
Sitting at weekly support. Looking at a possible Fibonacci pulback and breakout if price closes above daily trendline. I think the NZD needs to take a breath after a few weeks of strength giving the pound a chance to take over for a little while. Because of the bearish momentum, Stop is set tight and if the weekly level doesn't hold I am expecting a deep fallout for better bullish prices.
-Solid black lines are weekly levels support/resistance (major)
-Dotted black lines are daily levels support/resistance (minor)
Membership signal blog and Ebooks: GratefulChartArtist.com
-Solid black lines are weekly levels support/resistance (major)
-Dotted black lines are daily levels support/resistance (minor)
Membership signal blog and Ebooks: GratefulChartArtist.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.