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TheTradersAvenue
Jan 25, 2022 7:09 AM

GBPNZD > Strong Selling Opportunity.  

British Pound/New Zealand DollarFXCM

Description

Analysis on #GBPNZD

The market might be exhausted here and due for a correction

My plan:

>> If the Market Falls and Breaks My Trendline Support Level I Will Then Look for A Sell Entry that Meets My Rules.


>> If the market breaks above my trend line resistance this idea then not valid anymore and needs to be updated.

we have FED news this week, stay safe.




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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Comments
Solldy
Nice work!
TradingLamp
Very nice chart 💡
ForexTrendline
That's an awesome idea!
World_Open_Forex
Oh, beautiful!
TheTradersAvenue
kgotsorampa
ayt naw on 15mins i see another descendinq channel qivin a positive overall to the downside
Costy13
Great analysis
TheTradersAvenue
@Costy13, thanks a lot
World_Open_Forex
@TradingAxis, I was observing the bigger picture on this one too last night.
Ajeovofavour1
thanks for taking your time to educate us here
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