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ShaquanLopez

NZD May Have The Juice Over The GBP

Short
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
ShaquanLopez  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Supply and Demand Trend Lines GBPNZD gbpnzdshort gbpnzdanalysis gbpnzdforecast gbpnzdsell
9
1
trendanalysis supplyanddemand trendline gbpnzd gbpnzdshort gbpnzdanalysis gbpnzdforecast gbpnzdsell
From where price is, if the price can stay below 1.92905, based on today's candle closure, price could drop back down to the previous lower low and 1.89471 and create a new lower low.

This is the potential of trading a pair that is in a strong downtrend. My educational entertaining advice, wait until today's candle closure to lead you into the trade. Don't trade against this trend until it tells you its time to.
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