RealMRA

πŸ”"GBPNZD Forex Analysis Short-Term"πŸ“ˆ

Panjang
FX:GBPNZD   Paun British / Dolar New Zealand
πŸ“ˆ Let's analyze the GBPNZD forex pair together briefly.

πŸ”„ In the 4-hour timeframe, we are currently experiencing an upward trend resembling a curve, and there's a likelihood of this movement continuing in the future.

πŸ“Š Moreover, in this timeframe, we have reached the daily resistance at 2.10634. After a correction to the support at 2.09293, we have resumed our movement towards the resistance.

πŸ“‰ If it were crypto, the volume might have decreased during the correction :)

πŸš€ After breaking the resistance line at 2.10634, the potential move towards the next resistance at 2.11877 is likely, and we may continue the bullish trend.

⏳ Additionally, for a short position, after breaking the Curve line and triggering at 2.09293, we could consider opening a short position earlier than planned. However, keep in mind that we haven't changed the trend yet, so patience is required.

πŸ’Ό Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.
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