GBPNZD Short - Multi Timefame Analysis
* GBPNZD Forming LH & LL on weekly and daily and stuck within a descending channel for last 2 months
* GBP had an extended move last week on election rumour but rejection at channel top last week
* Considering Election uncertainty on 12th Dec, it's unlikely to break to the upside before the result.
* After Friday's bearish engulfing candle close, price has retraced to 61.8% fib and previous support-now resistance at 2.0080-2.0100 area.
* Price seems to be respecting the level on lower time frame, there's RSI divergence on 1Hr timeframe and I believe this could be a good place to short
* GBP had an extended move last week on election rumour but rejection at channel top last week
* Considering Election uncertainty on 12th Dec, it's unlikely to break to the upside before the result.
* After Friday's bearish engulfing candle close, price has retraced to 61.8% fib and previous support-now resistance at 2.0080-2.0100 area.
* Price seems to be respecting the level on lower time frame, there's RSI divergence on 1Hr timeframe and I believe this could be a good place to short
Trading ditutup: target tercapai
TP1 reached. Stop loss @ Breakeven for TP2
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.