GBPNZD- WHAT'S NEXT?!
Hello beautiful reader & thank you for viewing.
GBPNZDGBPNZD
Today, we see that GBPNZD is nearing a very common supply and demand zone, therefore we must wait to see if it would like to react corresponsive to our current downtrend, or if it would like to retest where we first entered our longs(1.91200). Keep in mind price can potentially do neither of those options and just completely move upwards after a short pullback. I am still bull bias on this pair unless it breaks another major structure downwards; & will be looking for more long opportunities if the chance is provided.
Keep in mind I am not a financial advisor and this is just my opinion.
GBPNZDGBPNZDToday, we see that GBPNZD is nearing a very common supply and demand zone, therefore we must wait to see if it would like to react corresponsive to our current downtrend, or if it would like to retest where we first entered our longs(1.91200). Keep in mind price can potentially do neither of those options and just completely move upwards after a short pullback. I am still bull bias on this pair unless it breaks another major structure downwards; & will be looking for more long opportunities if the chance is provided.
Keep in mind I am not a financial advisor and this is just my opinion.
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.