GBPNZD H4 ANALYSIS 📊
Lets take about red zone first , the red zone is acting as a support level and a resistance level
If you zoom out the chart , you will find that the market has broken down its H1 , H4 and Weekly resistance level and see how beautifully it is retesting the zone from the upside
second thing is that the NZD is very weak , if you see the other pairs like audnzd , eurnzd and Nzdusd
in the pairs , one thing is common and that is the nzd is very weak so we can take advantage of this
Targets are based on the resistance level respectively.
Follow the money management strictly and this is just the prediction
Lets take about red zone first , the red zone is acting as a support level and a resistance level
If you zoom out the chart , you will find that the market has broken down its H1 , H4 and Weekly resistance level and see how beautifully it is retesting the zone from the upside
second thing is that the NZD is very weak , if you see the other pairs like audnzd , eurnzd and Nzdusd
in the pairs , one thing is common and that is the nzd is very weak so we can take advantage of this
Targets are based on the resistance level respectively.
Follow the money management strictly and this is just the prediction
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👉 Join Our Telegram channel free 👉 ( t.me/forexplanet20 ) 💬
💬 Join Our Swing Trade Group 👉 t.me/swingforexplanet
💬 Join Our Swing Trade Group 👉 t.me/swingforexplanet
Related publications
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.