GBPNZD-4H- DB- resting on lower support of the channel
Pair is currently trading in upward channel and now taking support on lower line of the channel and showing technical double bottom formation.
Along with double bottom, it is showing volatility diveregcne on BB and bullish divergence on RSI.
Pair has shown some incredible pattern formations in past few days inside the channel.
If double bottom plays out, it may lead to potential shark pattern around the mid-line of the channel but that can come to know only in hindsight.
Along with double bottom, it is showing volatility diveregcne on BB and bullish divergence on RSI.
Pair has shown some incredible pattern formations in past few days inside the channel.
If double bottom plays out, it may lead to potential shark pattern around the mid-line of the channel but that can come to know only in hindsight.
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