FX:GBPNZD
As you can see that, GBPNZD is in consolidation more than 2 days. If it breaks the resistance then we can plan for buy side. plan your trade accordingly...
FX:GBPNZD
As you can see that GBPNZD is formed uptrend channel pattern in 4HR time frame, If it gives breakout and takes retest then we can plan for buying side ( wait for breakout )plan your trade accordingly...
Hello Traders,
Here is the Top-Down Analysis of GBPNZD (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 44 - 26 Oct
M > Market is moving in a rising channel. Price reached support of channel coinciding with monthly support, faced rejection and started upward move creating a double bottom.
W > Price pulled up till 0.618 Fib level on last...
