GBPNZD Ready to burst!
Hello traders,
It seems like price has been compressing and it is possible for a strong bearish momentum to happen.
the tipping point is at a major resistance trend line increasing the odds for this to occur. If it crosses the trend line then consider other options but looking at how price is moving I would say that is very unlikely.
Any thoughts on this?
Happy trades!
It seems like price has been compressing and it is possible for a strong bearish momentum to happen.
the tipping point is at a major resistance trend line increasing the odds for this to occur. If it crosses the trend line then consider other options but looking at how price is moving I would say that is very unlikely.
Any thoughts on this?
Happy trades!
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