Get started
Elfatir

GBPNZD 15M TimeFrame Powerful Forecast

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
Elfatir  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis GBPNZD gbpnzdshort gbpnzdanalysis gbpnzdsell gbpnzdsignal gbpnzdidea gbpnzdforecast gbpnzdlong gbpnzdbuy
13
3
trendanalysis gbpnzd gbpnzdshort gbpnzdanalysis gbpnzdsell gbpnzdsignal gbpnzdidea gbpnzdforecast gbpnzdlong gbpnzdbuy
As we can see we are inside a consolidation zone. Inside in this area we have noticed that we have formed a strong trendline that represents support, and we have broken this support after 7 hours of trying.
Now we will wait for the retest of this Support which is now resistance and again the Bearish movement until the touch of our Target.
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.