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on DAILY: GBPNZD is sitting around a strong resistance in orange so we will be looking for sell setups on lower timeframes.
on M30: GBPNZD is forming a head and shoulders pattern (still an idea) so we will be waiting for the right shoulder to form to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area/neckline to sell.
and until the sell is activated, this one would be overall bullish and can still trade higher.
Good luck!
on DAILY: GBPNZD is sitting around a strong resistance in orange so we will be looking for sell setups on lower timeframes.
on M30: GBPNZD is forming a head and shoulders pattern (still an idea) so we will be waiting for the right shoulder to form to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area/neckline to sell.
and until the sell is activated, this one would be overall bullish and can still trade higher.
Good luck!
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www.RichTL.com
Instagram:
www.instagram.com/richthesignalyst
Telegram:
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal