GBPNZD POTENTIAL RESISTANCE
If the pair pulls back to either the 2.14 area there could be a potential opportunity for a short.
Reasons to short -
Trend is bearish
Returning to a major SR level (blue line)
The previous time it was at this level there was a strong sell off, and it is the first time it could return to this area (yellow box)
A confluence of fibonacci levels from previous highs (inside the yellow box)
Good risk to reward ratio
However, keep on eye on the light pink area as this could also prove to be a resistance area. It is already pushing against the area and finding it hard to break through.
Reasons to short -
Trend is bearish
Returning to a major SR level (blue line)
The previous time it was at this level there was a strong sell off, and it is the first time it could return to this area (yellow box)
A confluence of fibonacci levels from previous highs (inside the yellow box)
Good risk to reward ratio
However, keep on eye on the light pink area as this could also prove to be a resistance area. It is already pushing against the area and finding it hard to break through.
交易進行
Trade now active after waiting three weeks for it to return to the yellow zone.手動結束交易
Trade stopped out at break even
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。