A Professional analysis of GBPNZD
GBPNZD has been sold way, way far down.
We know now that we have been accumulating long positions as the price becomes more desireable or Cheap.
You can see previous Price points we touched and how far price flew afterwards.
So we know the price is low, we know we previously flew off this level before because of the desired price point for the market of traders.. There is a lot of room for a larger move upwards and nothing in the way..
Now is the time to be LONG.
We know now that we have been accumulating long positions as the price becomes more desireable or Cheap.
You can see previous Price points we touched and how far price flew afterwards.
So we know the price is low, we know we previously flew off this level before because of the desired price point for the market of traders.. There is a lot of room for a larger move upwards and nothing in the way..
Now is the time to be LONG.
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Posts Not financial advice.
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