ForceFollower
Long

GBPNZD H4: Shifting Channels

FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD             may be in the process of shifting channels - from the blue one to the pink or red one. I'll looking for support around 2.40. The up trend's been losing steam, but the odds are still with the buyers. The GBP is still stronger than the NZD. The last swing down consists of many small overlapping swings, which seems to reflect the recurring efforts of buyers to step in.
-----------
Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
GBPNZD might ride on the back of NZDUSD's demise soon. ;)
Reply
ForceFollower moorekapital
Yes, it's possible. I'm short NZDUSD and NZDJPY as well.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out