Hello traders:
Looking at GBPNZD for bearish continuation opportunities.
We see price made a bearish impulse down from the previous corrective structure.
After an impulse, naturally price begin its corrective phrase, which is what we see now as a wedge/channel.
Latest price on the LTF formed an ascending channel move up to top of the wedge structure.
Look for bearish breakout confirmation, follow by LTF continuation correction to go.
Thank you
Note
HTF:Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.