GBPNZD Up to date Analysis
GN has been a bit of an unruly teenager this week deciding when and how it was going to move regardless of what all its piers have been doing. I will share my top down analysis for you:
1. First Chart is a d1 chart , looking at where price can come too for sell orders
2. Second chart is the 4h chart, this clearly shows the levels that have been filled in a nice cup formation as well
3. The 1h chart showing how price is slowing down, slow grind down, no real seller money driving this, buyers and seller pretty much in balance with a slight downside bias.
Patience will be rewarded in this pair
Simon
GN has been a bit of an unruly teenager this week deciding when and how it was going to move regardless of what all its piers have been doing. I will share my top down analysis for you:
1. First Chart is a d1 chart , looking at where price can come too for sell orders
2. Second chart is the 4h chart, this clearly shows the levels that have been filled in a nice cup formation as well
3. The 1h chart showing how price is slowing down, slow grind down, no real seller money driving this, buyers and seller pretty much in balance with a slight downside bias.
Patience will be rewarded in this pair
Simon
99% of Traders fail, so don't follow the herd