British Pound / New Zealand Dollar
Long
Updated

HUGE CHANNEL! This idea looks very promising: keep in mind!

Look careful on the HUGE ascending channel which start in 2010. We see that price has broken it downside previously and made pullback after-that. However, price did not start to fall further but came back into a channel. That fact gives us hope that price could rise significantly till an upside of the channel. Let's hope for the best!
Note
This is monthly view. You can see that MAs are still close to each other, however on W chart we see that they have started to divergence. So, the divergence could be a sign that move has already started. Let's hope for a best!
snapshot
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Trade closed manually
Bad dynamics on GBPUSD. :( Looks like much more patience is needed for this trade.
Trade active
Note
Momentum has decreased... so chance for continuing of rising trend has returned.
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It is just perfect!
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Note
Poor dynamics, some patience still probably needed. :( Closed it temporary.
Order cancelled
The dangerous asset. A rigorous risk management is mandatory.

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