A POSSIBLE SHORTING OF GN FOR 500 PIPS AND MORE!!!

٢٤ مايو ٢٠٢٢

As we are all our approaching tomorrow's RBNZ rate Hike, we are awaiting a possible raise of interest which will in turn spike the new zealand dollar. Teachnically speaking all upsides of GN has failed based on the current theree (3) highs of GN. Expecting Gn to break out of my breakout zone. the possible fall to my target.

NB: blue box: breakoout zone
red box: rejection zone