GBPNZD SHORT MULTI-TF ANALYSIS
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GBPNZD
Multi-timeframe analysis
Daily view (Structural timeframe) : It has given breakout of "Head & Shoulder" Pattern.
4 hour (Behavioral timeframe) : It has given breakout of "Rising Wedge" Pattern with Bearish impulse.
1 hour (Entry timeframe) : It is forming "Bearish Pennant" pattern now.
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Wait patiently for breakout and we could see downside continuation movement.
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GBPNZD
Multi-timeframe analysis
Daily view (Structural timeframe) : It has given breakout of "Head & Shoulder" Pattern.
4 hour (Behavioral timeframe) : It has given breakout of "Rising Wedge" Pattern with Bearish impulse.
1 hour (Entry timeframe) : It is forming "Bearish Pennant" pattern now.
.
Wait patiently for breakout and we could see downside continuation movement.
Comentarios:
It went upside to take "Liquidity" and then after it gave "Breakout" in 1 big red candle and our trade is running now.