GBPNZD - Up then Down
GBPNZD is coming off a previous W and Shark pattern. Usually after one pattern comes another of inverse proportions.
While price is moving within this range, it seems to be finding support and resistance at these key levels which form the patterns.
If the M is completed, there is possibility for an overextended M from the 4H to the daily timeframe which would then complete a bigger M formation and likely BAT harmonic pattern.
While price is moving within this range, it seems to be finding support and resistance at these key levels which form the patterns.
If the M is completed, there is possibility for an overextended M from the 4H to the daily timeframe which would then complete a bigger M formation and likely BAT harmonic pattern.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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