CobraVanguard

GBP/NZD broadening wedge situation

FX:GBPNZD   Brittiska pund/Nyzeeländska dollar
Hi every one
BRITISH POUND / NEW ZEALAND DOLLAR

GBP/NZD has formed a bullish broadening wedge pattern but there is also a regular bearish divergence as well which means the price might reach the bottom of the wedge and than starts it's upward movement!
but there is no telling when the market can break this wedge the price might reach the top of the wedge and can't break the wedge and start to decrease once again.

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck.

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