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A LONG BIAS ON THIS PAIR
British Pound / New Zealand Dollar
Long
A LONG BIAS ON THIS PAIR
By williamRuhumbika
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May 17, 2019
5
May 17, 2019
I HAVE SO MANY REASONS IM GOING LONG ON THIS PAIR LET ME START
FIRST, PRICE HAS RESPECTED THE LOWER TREND LINE FOR MORE THAN 3 TIMES
SECOND , ON THE DAILY TIME FRAME ITS AN ASCENDING TRIANGLE SO GOING LONG MEANS YOU ARE ON THE RIGHT SIDE OF THE WAR
I CAN ALSO SEE STRONG ACCUMULATION HEADING TO RESISTANCE LEVEL WHICH SIGNALS A POTENTIAL BREAKOUT TO HIGHER LEVELS
LETS WAIT FOR MONDAY AND SEE WHAT THE MARKET HAS FOR ALL OF US TRADERS
HAPPY WEEKENDS MATES !!!!!!!
Trend Analysis
williamRuhumbika
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