GBP/NZD recently hit daily resistance. The markets then formed a double bottom breaking structure. We are currently seeing a retest , I am expecting the markets to retrace to the highlighted yellow area then make a significant push to the highlighted take profit area. I do not use order limits anymore as the markets may push down even farther and reach a new support level
Note
lol I feel retarded. I meant Double top not double bottom. Omg I all who followed this stacked sells and not buys
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.