Price broke the ascending channel with a bearish candle, showing bearish momentum. Price then reversed to retest the channel, zone area and descending trend line, which forms a solid confluence. Multiple wick rejections form before the formation of a large bearish candle, showing the strength of the confluence and bearish momentum taking over. This gives rise to a sell opportunity.
Chart PatternsGBPGBPNZDgbppairsNZDParallel ChannelretestSELLshortTrend Analysis

Verbundene Veröffentlichungen

Haftungsausschluss