I hope yesterday wasn't the worst day of this month... LOL.. I noticed so many people got caught. Anyways, we know that's how the game is.
Moving on, GBPNZD has more potential to rally but right now, we are experiencing a little bit of strength in NZD which is also good for GBPNZD to take a breath from all the massive bullish run it has done.
On my chart, you will see that we have both sell-side and buy-side liquidity for the price to hunt, and since I am expecting a little bearish move to play out, I speculate that the price will rally to hunt the buy-side liquidity which is also situated in a daily order block. After which, the price will go hunting the sell-side liquidity.
I will be waiting for a CHOCH on the 1-hour timeframe to take a short trade to that liquidity pool.
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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.