Get started
DJ_Adamson

GBP/NZD Short

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
DJ_Adamson  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Supply and Demand Trend Lines
3
0
trendanalysis supplyanddemand trendline
GBP/NZD Broke weekly support line, retraced and then big confirmation candle on 19/06/2020 to indicate bearish movement.
Strong rejection from the monthly Resistance (Black Line) so anticipation this will continue to the previous low (1.71) and the bottom of the wedge.

Will look to sell this position and exit around 1.7000
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.