One of my favorite situations is happening on GBPNZD,
Im checking GBP situstion on many markets for a long time and now it starts to be interesting on NZD for a short price rotation!
There's a wedge which alredy gets third hit on upper symmetry and it closes into a SR zone.
If it will break through a SR zone, which is a small probability, there is also POC on 1.98827.
Mainly focus on SR zone, i'll wait there for price action confirmation signal to the short.
WIsh u lot of succsess!
Im checking GBP situstion on many markets for a long time and now it starts to be interesting on NZD for a short price rotation!
There's a wedge which alredy gets third hit on upper symmetry and it closes into a SR zone.
If it will break through a SR zone, which is a small probability, there is also POC on 1.98827.
Mainly focus on SR zone, i'll wait there for price action confirmation signal to the short.
WIsh u lot of succsess!