Get started
Sphinx_Trading

GBPNZD: Strong SHORT +250 pips

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
Sphinx_Trading  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Fundamental Analysis Beyond Technical Analysis
5
0
trendanalysis fundamental beyondta
- Price swept an old major high and closed below it with bearish pressure.
- As you see on the charts after liquidity sweep price dropped 150 pips sweeping the last minor low and started a pullback to extreme order block 2.08000.
- On a lower time frame (LTF) we can observe that price swept all internal liquidity and started going bearish forming minor equals lows (Liquidity) below 2.07500.
* We may have a strong bearish move to 2.06000/2.05000.
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.