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GBPNZD TAPPING DEMAND ZONE. POTENTIAL LONG
British Pound / New Zealand Dollar
Long
GBPNZD TAPPING DEMAND ZONE. POTENTIAL LONG
By Johanph
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Sep 9, 2021
2
Sep 9, 2021
GBPNZD has been in downtrend for a period of time until it came to DEMAND ZONE and FAILED to make lower.
At the moment price is moving in consolidation and likely to build up as IN ACCUMULATION PHASE.
Wait for price to break above the UPPER RANGE with strong bull momentum.
Potential 2R reward.
Chart Patterns
Johanph
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