GBPNZD Wedge
Updated
on 4h we have nice falling wedge where price now is at bottom.
but there's but. on 1d TF price have broken bottom of the bigger wedge.
So there is two scenarios:
1st. price breaks 4h wdge bottom and falls per 1D tf wedge.
2nd. price bounce back up from 4h bottom to test 1D wedge top.
Good luck and trade safe!
p.s. I entered small buy.
but there's but. on 1d TF price have broken bottom of the bigger wedge.
So there is two scenarios:
1st. price breaks 4h wdge bottom and falls per 1D tf wedge.
2nd. price bounce back up from 4h bottom to test 1D wedge top.
Good luck and trade safe!
p.s. I entered small buy.
Trade active
Looks like ths orange falling wedge is valid, so entered another buy.Comment
Crutcial level on 30 min, if price breaks it then pair will fall down 1t TP 1,98
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