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jojofang0901
Feb 17, 2021 7:58 PM

GBPNZD Ready for the next impulse down Short

GBP/NZDOANDA

Description


Hello traders:

Looking at GBPNZD for bearish continuation opportunities.

We see price made a bearish impulse down from the previous corrective structure.

After an impulse, naturally price begin its corrective phrase, which is what we see now as a wedge/channel.

Latest price on the LTF formed an ascending channel move up to top of the wedge structure.

Look for bearish breakout confirmation, follow by LTF continuation correction to go.

Thank you

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HTF:

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Comments
TraderNeoh
Great analysis Jo!
jojofang0901
@TraderNeoh thx 🙏
TreasureFXHub
Good job
jojofang0901
@Eleganx :) thx
InkyGrip
impressive! 🦐💎
jojofang0901
@plancton0618 thank you 🙏
Mahtab_Tradia
Good job mate! Thanks for sharing
jojofang0901
@Mahtab_Tradia your welcome :)
P_S_trade
Nice idea, thanks
jojofang0901
@P_S_trade, thank you
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