Long
GBPNZD Short Term Buy Idea
D1 - Bullish convergence.
Price has broken above a strong resistance zone and is currently holding above it.
H4 - Currently it looks like a double wave correction is happening.
Bullish divergence.
Until the key support zone holds my short term view remains bullish here.
A valid breakout above the most recent downtrend line would be the validation for this bullish view.
Price has broken above a strong resistance zone and is currently holding above it.
H4 - Currently it looks like a double wave correction is happening.
Bullish divergence.
Until the key support zone holds my short term view remains bullish here.
A valid breakout above the most recent downtrend line would be the validation for this bullish view.
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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.