GBPNZD BEAR
Updated
forexdr
Note: this is just a prediction, not a trade signal. Make your own analysis first.
We've been on a big bullish trendline:
- Orange lines: weekly trendline/resistance/sup
- Green lines: daily trendline/resist/sup
- Blue: 4hr trendline/resist/sup
I noticed a divergence on the RSI (look at highlighted area) so im starting to really think into a start of a bearish trend daily. It has also been stucked/hitting on a daily resistance for a few hours.
Ciao
Note: this is just a prediction, not a trade signal. Make your own analysis first.
We've been on a big bullish trendline:
- Orange lines: weekly trendline/resistance/sup
- Green lines: daily trendline/resist/sup
- Blue: 4hr trendline/resist/sup
I noticed a divergence on the RSI (look at highlighted area) so im starting to really think into a start of a bearish trend daily. It has also been stucked/hitting on a daily resistance for a few hours.
Ciao
Note
Update: after waking up, it has started a decreasing. I'd wait for a confirmation.
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