GBPNZD Retest Broken Key Support as a New Resistance
This pair broke his key support 1.9415 (zone) few days ago which act as resistance right now. Price now trying to retest broken level as a new resistance.
If we go to h4 or h1 and draw fibonacci, then we can see 50%-61.8% area is located on 1.9415 zone.
Any price action sell signal on this area will execute my order.
#Happy_Trading
If we go to h4 or h1 and draw fibonacci, then we can see 50%-61.8% area is located on 1.9415 zone.
Any price action sell signal on this area will execute my order.
#Happy_Trading
Comment:
In H4 chart price just created a rejection candle on key zone. You can open your order using your own strategy. Cheers!