Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy GBPNZD.
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GBPNZD has broken the bullish parallel channel and the price is trading under it.
Currently, it has approached to retest it and the horizontal resistance where price may face a hurdle.
We are expecting a short term downtrend to continue
GBPNZD on the 4h chart is trading between an ascending trendline and a resistance structure.
The price is now testing the area and according to Plancton's strategy IF the market will break above and satisfy the ACADEMY rules we will set a nice long order.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
