PictoPip

GBPNZD Inverted Shampoo

Long
SAXO:GBPNZD   British Pound / New Zealand Dollar
GPNZD formed an inverted H&S, I already entered before making this analysis, but hopefully there will be another entry opportunity, because the stochastic momentum is already above 80, maybe the momentum can still go down a little and then continue to rise.

This analysis is also supported by the fundamental strength of GBP itself which has raised interest rates, so I think this is a good opportunity.

I use the ichimoku indicator too, but on this occasion I hide it so that the chart looks neat.

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