GBPNZD SHORT
X marks the Spot.
For a Bearish Price Action,
I'm looking to open a SELL position on a retracement to 1.90780 Supply Zone with Stops just above the previous bullish candle's High. I expect more SELLing in the coming weeks.
For a Bullish Price Action, a break above 1.94509 and I expect a move to test the 2.05085 Resistance. This is quite unlikely.
I am more bearish than bullish on the cross.
1st Target at 1.81340
2nd Target at 1.73558
For a Bearish Price Action,
I'm looking to open a SELL position on a retracement to 1.90780 Supply Zone with Stops just above the previous bullish candle's High. I expect more SELLing in the coming weeks.
For a Bullish Price Action, a break above 1.94509 and I expect a move to test the 2.05085 Resistance. This is quite unlikely.
I am more bearish than bullish on the cross.
1st Target at 1.81340
2nd Target at 1.73558
Disclaimer
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.