GBPNZD Intraday Analysis (550 Pips GAINED Last Week!)

17 พ.ค. 2021

Good morning! Last week's analysis and daily updates will be linked in "Related Ideas" below. The marked up Price Ranges were all caught moves! Friday, we noticed a Reversal Pattern on GN , as well as reversal patterns on lower time frames. We entered for a Sell and our Fib levels TP was hit, then the Market closed. Once the Market opened, we noticed the trade reversing back where it was. From here, we aren't sure yet what the market plans on doing. My prediction would be more confirmations for another possible short position or a mirrored reflection of previous price, which then I'd enter for a long position until 1.982 area. I'll be updating daily whenever there's more confirmation, Comment your thoughts below please!