GBP/NZD trading trend continuation (bearish channel).
I am looking for a breakout in the direction of the preceding trend.
The main target should be the next channel support.
Good Luck Folks
D1 - Price is moving inside a bearish channel, currently price is at the middle of this channel after bouncing from the top
H4 - Price has reached an important resistance zone zone formed by the 38.2% fibonacci retracement level, 100% fibonacci expansion level of the wave we have and the top of the H4 bearish flag pattern, bearish divergence.
We may now look for...
