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Pound Inggris / Dollar New Zealand
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GBPNZD breakout from descending triangle

Oleh bfairbridge
HTTPS://WWW.TRADINGVIEW.COM/X/OU8WB6CD/Price action has formed a descending triangle continuation pattern, with the resistance line growing stronger as price has reacted to it on multiple occasions and the support level at 1.76950 being tagged a few times more recently. A doji formed on the 29th and price has reached the 2/3 area of the triangle. Expect a breakout in the downwards direction.
continuationpatternsDaily ChartsdailychartDescending TriangleGBPNZDgbpnzdshortpricepriceactionshortswingtrade
bfairbridge

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