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MR_HYPOTHESIS

GBPNZD Price Trap

Brittiska pund/Nyzeeländska dollar (FOREXCOM:GBPNZD)  
MR_HYPOTHESIS Uppdaterad   
FOREXCOM:GBPNZD   Brittiska pund/Nyzeeländska dollar
Trend Analysis Support and Resistance Supply and Demand
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trendanalysis supportandresistance supplyanddemand
GBPNZD

I am looking for price action to break the structure level that is directly above. Once price action closes above this level, I would like to see a retest of this level to continue the buy up. In order for me to take a sell, I would need price action to break and close below the current trend line. Once I get a confirmed break and close below the trend line, I will be looking for price action to continue down in order for me to get in for a sale.
Kommentera:
Thus far, we have rejection of the top level of structure. However, PA has failed to hold and trade above the structure level.
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