GBPNZD
On daily timeframe, the market remains in a clear uptrend, with price consistently forming higher highs and higher lows - confirming bullish structure.
Dropping down to the 4H timeframe and focusing on recent price action , I've drawn a Fibonacci retracement from the most recent swing low to swing high. Price is currently reacting at a key Fibonacci level , suggesting a potential continuation zone.
Refining entries on the 1H timeframe.
Clean, structure, and rule-based. Lets see how price develops.
On daily timeframe, the market remains in a clear uptrend, with price consistently forming higher highs and higher lows - confirming bullish structure.
Dropping down to the 4H timeframe and focusing on recent price action , I've drawn a Fibonacci retracement from the most recent swing low to swing high. Price is currently reacting at a key Fibonacci level , suggesting a potential continuation zone.
Refining entries on the 1H timeframe.
Clean, structure, and rule-based. Lets see how price develops.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.