Potential Bullish Movement on GBP/NZD by ThinkingAntsOk
4H CHART EXPLANATION:
On this timeframe price is on a Desncending Channel, and broke the middle trendline inside it. Also, on a higher timeframe, it did a fakeout of the Major Ascending Channel, so we now expect a pullback towards it to continue the upside move.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
On this timeframe price is on a Desncending Channel, and broke the middle trendline inside it. Also, on a higher timeframe, it did a fakeout of the Major Ascending Channel, so we now expect a pullback towards it to continue the upside move.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
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