TradingView
DeGRAM
Mar 22, 2024 9:13 AM

DeGRAM | GBPNZD rebounded from resistance Short

British Pound/New Zealand DollarFXCM

Description

GBPNZD rebounced from the resistance and 127.20% fibo inversion.

The market broke and closed below the support level of 2.1000, which became the resistance. 

On the D chart, the market is consolidating.

We expect a 50% pullback from the resistance if the price makes a false breakout of the resistance.


-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!
Comments
DeGRAM
Good luck in the markets and may the profit be with you !
More