Hey traders,
GBPNZD is trading in a long-term bearish trend.
Recently the market retraced to strong daily structure support.
On that, the price formed a double top pattern and then broke a support line of a rising wedge pattern on 1H time frame.
Now I expect a bearish move to 1.9237 / 1.92
❤️Please, support this idea with like and comment!❤️
Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.