British Pound / New Zealand Dollar

Short

Updated

GBPNZD - SELL - BREAK AND CLOSE BELOW WEDGE PATTERN

PRICE EXPECTED TO RETRACE BEFORE BREAKING WEDGE

PRICE BOUNCED FROM 0.5 FIB ON DAILY

LOOKING TO MAKE WAYS TO 1.272 ON FIB EXTENSION WHICH ALIGNED WITH PREVIOUS SUPPORT

ENTRIES WILL BE UPDATED CLOSER TO TIME

Note

SEEMS LIKE ON H4 - PRICE HAS BROKE THE WEDGE AND CLOSED https://BELOW....https://www.tradingview.com/x/MD8AboYk/

Note

snapshot

created a channel instead of wedge - waiting for price to give us an entry opportunity

Note

snapshot

price stuck in an ascending channel as a form of correction - waiting for entry opportunity

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.