Get started
Elevatemarkets

GBPNZD INTRADAY OPPORTUNITY

Short
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
Elevatemarkets  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators GBPNZD short SELL swing intraday GBP NZD
2
0
trendanalysis chartpattern indicator gbpnzd short sell swing intraday gbp nzd
Strong selling pressure these past few days with price now sitting near where it opened at the beginning of the month. With price creating a false s/r potentaily attracting retail sellers into the market looking to capitalise from the bearish market, we anticipate a run on the stops of these sellers with a continued downward move towards 1.89250.
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.