GBPNZD is forming a double bottom formation most likely it will turn back to up the side in between the red box and the green box so you have to follow it closely i recommend to follow the new trend when it turns back to the up side and break the yellow trend line it may be more safer and you can scale it up to the upper white trend line
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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.