GBPNZD IN A MONTHLY DOWN TREND STRUCTURE AND LOOKS LIKE ONE MORE DOWN IS POSSIBLE BEFORE STARTING OF A NEW UP TREND! IT IS JUST AN ANALYSIS. DON'T TRADE WITHOUT ANY PROPER SETUP IN LOWER TIME FRAME. CURRENTLY I AM LOOKING FOR A SELL SETUP IN LOWER TIME FRAME. WE WILL SEE STARTING OF A NEW UP TREND SOON! LETS SEE HOW IT WILL DEVELOP! THANK YOU KEEP FOLLOWING AND SUPPORT HAPPY WEEKEND!
Komen
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Posted this chart about a year ago Now posting a update below this bcz it is still a valid setup! One more down is still possible in higher degree in all GBP pairs.. But this correction phase will take so long time. Lets see!