📈 Let's analyze the GBPNZD forex pair together briefly.
🔄 In the 4-hour timeframe, we are currently experiencing an upward trend resembling a curve, and there's a likelihood of this movement continuing in the future.
📊 Moreover, in this timeframe, we have reached the daily resistance at 2.10634. After a correction to the support at 2.09293, we have resumed our movement towards the resistance.
📉 If it were crypto, the volume might have decreased during the correction :)
🚀 After breaking the resistance line at 2.10634, the potential move towards the next resistance at 2.11877 is likely, and we may continue the bullish trend.
⏳ Additionally, for a short position, after breaking the Curve line and triggering at 2.09293, we could consider opening a short position earlier than planned. However, keep in mind that we haven't changed the trend yet, so patience is required.
💼 Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.
🔄 In the 4-hour timeframe, we are currently experiencing an upward trend resembling a curve, and there's a likelihood of this movement continuing in the future.
📊 Moreover, in this timeframe, we have reached the daily resistance at 2.10634. After a correction to the support at 2.09293, we have resumed our movement towards the resistance.
📉 If it were crypto, the volume might have decreased during the correction :)
🚀 After breaking the resistance line at 2.10634, the potential move towards the next resistance at 2.11877 is likely, and we may continue the bullish trend.
⏳ Additionally, for a short position, after breaking the Curve line and triggering at 2.09293, we could consider opening a short position earlier than planned. However, keep in mind that we haven't changed the trend yet, so patience is required.
💼 Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.