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Analysis on #GBPNZD
Hello friends.
a huge head and shoulders pattern on the daily time frame, if it breaks the neckline resistance it will have almost 400 pips range without any clear resistance on its way.
so the plan is to wait for a break and close above the neckline and then look for a valid reason that meets my rules to get in a tren continuation trade targeting the next level of resistance.
on the other hand, it might be a sell trade right now, but for me, there is much resistance beneath it that is what I ignored the sell-side of it
Safe trading everyone
Check today analysis below⠀
>> “Do not anticipate and move without market confirmation.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Analysis on #GBPNZD
Hello friends.
a huge head and shoulders pattern on the daily time frame, if it breaks the neckline resistance it will have almost 400 pips range without any clear resistance on its way.
so the plan is to wait for a break and close above the neckline and then look for a valid reason that meets my rules to get in a tren continuation trade targeting the next level of resistance.
on the other hand, it might be a sell trade right now, but for me, there is much resistance beneath it that is what I ignored the sell-side of it
Safe trading everyone
Check today analysis below⠀
>> “Do not anticipate and move without market confirmation.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
