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mcpeacocks
21 nov. 2016 15:26

GBPNZD - two scenarios 

British Pound/New Zealand DollarFXCM

Description

short or long... looking at what PA is telling us over the next couple of hours/days.
stoch and rsi seem to favour the resistance to hold (both overbought), which it now has for a few days already, and a resumption to downside. could play that with tight stops....

Commentaire

flag on 2hr chart

Commentaire


still hovering around that resistance level of 1.7750 - forming a triangle now. getting ready to breakout....
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