British Pound / New Zealand Dollar

Short

Updated

GBPNZD bearish bias pattern

see the chart

Note

Update Entry level , mid term target to previous Low near 1.68000

snapshot

Note

Now I am looking at level 1.69883 for retest Swing high failure and then break through 1.69883

Possible scenario : A false break above 1.71000, Swing high failure structure then begin.

The price will retest resistance 1.71000, it need to make a Swing high failure there then the sell would have enough power to push through 1.69883 for further south.

taming_the_mind

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taming_the_mind

Also on:

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.