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williamRuhumbika

BULLISH PENNANT APPROACHING BREAKOUT FELLAS!!

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
williamRuhumbika  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
THE PAIR HAS BEEN MOVING CREATING A SERIES OF LOWER LOWS AND FACING REJECTION IN A VERY POTENTIAL RESISTANCE LEVEL , THUS A BULLISH PENNANT IS FORMED SHOWING THAT THE MARKET IS ON A REST BEFORE MOVING IN ITS UPWARDS DIRECTION , WHERE IT CAN MEET THE STRONG RESISTANCE ZONE AND MAYBE CAN BREAK IT OR GET REJECTED AGAIN . WATCH OUT !!! DROP YOUR COMMENTS AND VIEWS BELOW .
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