GBPNZD 21-27 [JAN] Analysis - Descending Triangle on Monthly TF

٢٢ يناير ٢٠٢٣

Here we can see on GBPNZD monthly TF a descending triangle which looks likely to break out for a long after retest of the 23.6 Fib. Furthermore, the recent downtrend is testing the 4H down trend the PA broke through last week so looks good for long entry on reject.