GBPNZD. One more rally, then SELL
Short term position.
GN has topped on the weekly and there is visual price action indication already showing signs of imminent selloff on the daily timeframe. Find your 1hour trendline (future tense) breakout after 1 more rally to .618 Fibonacci. I am willing to bet the highest rally point is .707 Fibonacci at which point we can begin anticipating the 1 hour breakout.
GN has topped on the weekly and there is visual price action indication already showing signs of imminent selloff on the daily timeframe. Find your 1hour trendline (future tense) breakout after 1 more rally to .618 Fibonacci. I am willing to bet the highest rally point is .707 Fibonacci at which point we can begin anticipating the 1 hour breakout.