GBP/NZD SHORT FROM RESISTANCE

4 thg 11

Hello, Friends!

We are going short on the GBP/NZD with the target of 2.158 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

✅LIKE AND COMMENT MY IDEAS✅

5 thg 11

Ghi chú

I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!