


swingforextrader
Price break a ranging market structure and we have a retest on h4 and Daily TF, this provides initial cue on the market direction with a target on 1.36000 price handles!!
We have a retest at weekly resistance level! and a bearish flag which gives us a clue that we have a bearish move in the coming days!!
Since March 2019 kiwi had been in free fall movement, now it is on key Monthly support Level with a clear indication of price reversal signs on both weekly and Daily Timeframe!! I expect a bit of price pullback before the initiation of bullish movement towards 0.68000 and 0.72000 key levels!
Price rejected 0.236 fib zone! With the formation of HH's and HL's give us a clear clue that the market is Downtrend market !
GBPNZD, can bear continue to dominate the market? On Monthly TF. Clear rejection on Monthly Resistance Level, the formation of the bearish pin bar. On Weekly TF. Monthly Resistance Level rejected, price on Higher Low point. On D1 TF. Series of HH and HL's formed! It's clear that the market is UPTREBDING Market Structure but there's a huge possibility that the...