angieh

SHORT - GBPNZD (WK D H4) (26 May 2023)

Short
angieh Aggiornato   
PEPPERSTONE:GBPNZD   Sterlina / Dollaro neozelandese
SWING TRADE - GBPNZD

This is another interesting pair to watch.

In Monthly, it has been ranging

In Weekly, price has been tested around Jan 2022

Hence, price is again reaching the same supply zone
- To watch closely whether price will react again and SHORT opportunities can present itself in lower TFs i.e. Daily and H4
Commento:
Price has reached WK supply zone. However, it has done nothing significantly in terms of price action to act upon.

Hence, more observation is needed in the D1 and H4 TF for confirmation before anything can be done
Commento:
Commento:
Price is expected to pierce deeper into the Monthly supply.

Hence, there is a potential SELL zone in D1 chart.

A pending SELL limit order has been placed on 1 June 2023

Trade attivo
Trade chiuso: obiettivo raggiunto:
Trade is closed and a new analysis will be done.
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