🏛GBP_NZD RESISTANCE CONFLUENCE ↘️WILL GO DOWN⏬

21 Jan 2021

☑️GBP_NZD is trading in a downtrend in a falling wedge
Recently, we saw a pullback correction from the lows
But now, the pair does not seem to be oversold anymore
And trading below strong horizontal resistance
Which created a confluence with the falling resistance line
The pair is quite ripe for a short
Wait for the retest of the resistance
From where I expect the pair to go DOWN
With 3 targets on the chart
SHORT!

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26 Jan 2021

Catatan

Target 1 reached!