jojofang0901

GBPNZD looks for bearish reversal price action

Short
OANDA:GBPNZD   Sterlina / Dollaro neozelandese

Hi everyone:

Looking at GBPNZD for some sell opportunities.

Very similar like EURNZD, we see price is in this overall structure after the HTF bearish impulse.

What I like about the latest price action is we have a potential double tops on the intraday,
and price is forming this larger expanding structure, and looks like a reversal can happen from the top.

We then see price has a LTF bearish impulse down, so I would wait for some correctional structure to develop here and look for the next sell down to the lows.

Thank you

I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.