GBPNZD Sell Idea
H4 - We can now start looking for pullbacks to short as the breakout of the up trend line has happened.
Two possible Scenario in M15:
Double wave correction – followed by trend line breakout for a sell.
Flat correction – followed by break of the range for a sell.
As long as the last high is holding we can look for shorts using the double trend line principle.
Two possible Scenario in M15:
Double wave correction – followed by trend line breakout for a sell.
Flat correction – followed by break of the range for a sell.
As long as the last high is holding we can look for shorts using the double trend line principle.
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.