GBPNZD ON LONG
GN have been on the upward movement since Nov 8th and it doesn't look like it will slow down soon, well according to my analysis though *smiles
- Retested the RESISTANCE zone multiple times at 1.96000 and ended last week on the 4TF (3rd of December) with a bearish candle stick.
- Price bounced off on the 50SMA on the 3rd signifying that the buyers are still in the zone.
- Triple top pattern is forming right at 1.96000 causing a downward trend which will get to 1.95500, a bullish confirmation candle will propel the price further up the chain.
This is my own personal analysis....always check before going into the market.
Thanks
- Retested the RESISTANCE zone multiple times at 1.96000 and ended last week on the 4TF (3rd of December) with a bearish candle stick.
- Price bounced off on the 50SMA on the 3rd signifying that the buyers are still in the zone.
- Triple top pattern is forming right at 1.96000 causing a downward trend which will get to 1.95500, a bullish confirmation candle will propel the price further up the chain.
This is my own personal analysis....always check before going into the market.
Thanks
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.