JustTradeSignals

GBPNZD | Consolidation | Next Move ?

OANDA:GBPNZD   Paun British / Dolar New Zealand
GBPNZD has been in good bullish trend. It is following trendline by its heart. Currently, price is consolidating in a box (distribution likely). Price can follow two senarios from here;

a) Bearish: The consolidation is likely to be distribution and expect bears to be active from here. If price manages to break rising trendline then bears will take price to atleast 2

b) Bullish: The consolidation after taking support from falling trendline, may rise to new highs.

Trade your levels accordingly.

Join or FREE Discord Channel: discord.gg/just-trade-signals-1041998740602503219

Visit Our Website: www.justtradesignals.com/
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.