Possible downward continuation for GBPNZD
PAIR IN FOCUS: GBPNZD
ACTION: SHORT
2 possible routes for a Short plan:
- First route would be a direct drop from current price.
- Second route would be a further retrace higher and retest of the rising channel again before a drop.
Price has broken down from a rising channel and retested the lower bound of the channel. Expecting price to continue its breakdown towards the nearest support/resistance level @ TP 1. Observe for bearish price action before any entry.
The Entry Zone, TP Zone and Stop Loss have been indicated on the chart.
ACTION: SHORT
2 possible routes for a Short plan:
- First route would be a direct drop from current price.
- Second route would be a further retrace higher and retest of the rising channel again before a drop.
Price has broken down from a rising channel and retested the lower bound of the channel. Expecting price to continue its breakdown towards the nearest support/resistance level @ TP 1. Observe for bearish price action before any entry.
The Entry Zone, TP Zone and Stop Loss have been indicated on the chart.
Trade fermée: cible de profit atteinte
TP Zone HIT! Price melted strongly into it after rejection of the rising channel in the Entry zone
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.
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.