Lingrid

Lingrid | GBPNZD divergence at the RESISTANCE zone

Short
FX:GBPNZD   British Pound / New Zealand Dollar
The market rejected the resistance and pulled back from it. GBPNZD has broken through the downward trendline and formed a fake breakout of the resistance at 2.04550. Buyers did not have enough strength to push the price higher. The market reached strong resistance in the 4H timeframe as well. I look forward to testing the zone and fall from it, breaking out of the upward channel, because the main trend is bearish. My goal is to support 2.03390


Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩‍💻

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