Potential Bullish Movement on GBP/NZD by ThinkingAntsOk
4H CHART EXPLANATION:
On this timeframe price is on a Desncending Channel, and broke the middle trendline inside it. Also, on a higher timeframe, it did a fakeout of the Major Ascending Channel, so we now expect a pullback towards it to continue the upside move.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
On this timeframe price is on a Desncending Channel, and broke the middle trendline inside it. Also, on a higher timeframe, it did a fakeout of the Major Ascending Channel, so we now expect a pullback towards it to continue the upside move.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
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.