Possible GBPNZD short.
Falling trendline from may 2016 High acting as resistance on daily chart.
current price action trading in rejection areas based on previous price action.
First price target becomes 50% fib, also coincides with previous support.
Second target: Look to use rising trendline from October 2016 as support.
Like and follow if you agree please.
Remember only trade what you see*
Falling trendline from may 2016 High acting as resistance on daily chart.
current price action trading in rejection areas based on previous price action.
First price target becomes 50% fib, also coincides with previous support.
Second target: Look to use rising trendline from October 2016 as support.
Like and follow if you agree please.
Remember only trade what you see*