GBPNZD - Short term bearish - bigger picture bullish..
GBPNZD ..
As of now; can foresee alot of swing plays on the pair. Just need to mark the territories right and make use of the swings. 2.1170-8X yesterday was a good spot to try shorts into and if all goes accordingly carries an ideal tgt to between 2.0920-50. Can use this later lvl as a swing to get back on the long side if the price shows holding pattern or provokes bounces.
The bigger picture turning bullish by making use of patterns - namely Inv H&S in this case.
The drop however can extend as low as lower 2.08XX prior to bounce and break up higher.
i.imgur.com/KcTJwX1.png
GBPNZD - 4 hr - Yesterday
Now..
i.imgur.com/Ku07JdB.png
i.imgur.com/MyG4Ynv.png
i.imgur.com/SwYn2kA.png
GBPNZD 4 hr -
C
As of now; can foresee alot of swing plays on the pair. Just need to mark the territories right and make use of the swings. 2.1170-8X yesterday was a good spot to try shorts into and if all goes accordingly carries an ideal tgt to between 2.0920-50. Can use this later lvl as a swing to get back on the long side if the price shows holding pattern or provokes bounces.
The bigger picture turning bullish by making use of patterns - namely Inv H&S in this case.
The drop however can extend as low as lower 2.08XX prior to bounce and break up higher.
i.imgur.com/KcTJwX1.png
GBPNZD - 4 hr - Yesterday
Now..
i.imgur.com/Ku07JdB.png
i.imgur.com/MyG4Ynv.png
i.imgur.com/SwYn2kA.png
GBPNZD 4 hr -
C