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VasilyTrader
Feb 12, 2024 2:42 AM

GBPNZD: Preparing For a Bearish Wave 🇬🇧🇳🇿 Short

GBP/NZDOANDA

Description



Have a look at that bearish imbalance that was formed on GBPNZD
on a daily time frame on Friday.

With one single bearish candle, the price violated a neckline of a
descending triangle formation and a key horizontal support.

The market is retesting the broken structures at the moment.
I believe that a fall will initiate soon.

Next support - 2.0372

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Comments
nasserian44
Hello, would you recommend a tradingview indicator that you use yourself?
powerfulPepper77361
Where to set stoploss for this one? It just went completely the wrong way
Sixth_sense_trading
VasilyTrader
Are you bearish on GBPNZD?
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