letmebefree

Short GBPNZD from H4 supply zone, targeting daily support

Viés de baixa
FX:GBPNZD   Libra Esterlina/Dólar Neo-Zelandês
On the weekly chart, GBPNZD is once again pushing through the top of a large range, but my expectation is that it will once again fail and fall back to much lower prices. Therefore I am looking for opportunities to short.

The daily chart shows price retracing down to resistance turned support. This looks like a good initial target.

The H4 chart shows the clear downtrend as price retraces. I am looking to enter as price pulls back in that trend, directly into an H4 supply zone.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.