GBPNZDThis is pure technical outlook and I am aware that BREXIT fundamental facts will certainly take place in confirmation or invalidation of the setup. As my primary goal is to follow what market does - I prefer long positioning because:
1. bullish prints of reversal are very strong;
2. 2 harmonic patterns might be filled in the supply ( the first one is a Gartley pattern and the second one is a Butterfly pattern ) and I am fine with both
3. my intention is to get long at the best price and I will look for it as the new trading week starts because market simply retraces part of the leg from the previous week ( this thing is like a habit and I saw it every Monday for last 7 years).
Gbpnzdbuy
Is there a last up swing coming??? GBPNZD Long Trade idea...Price had a good bull run. The retracement seems to lose some steam but I think there is still some momentum left for one leg up. Price probably won't make a new high but I put my TP on the highest pivot point just in case. We have a nice window of opportunity to open a long trade with price showing support close to the trend line.
Just be patient and see what happens...
GBPNZD Symmetrical triangle"In the name of Allah, the Most Gracious, the Most Merciful"
GBPNZD Symmetrical triangle
This Trade is Only for Risk taker.
Note: This is only for Educational Purpose this is not Investment advice.
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Thanks
Adil Khan.
Potencial Compra +50 PIPS y Venta +170 PIPSObservamos un canal cuyo recorrido paralelo es de aproximadamente de 600 pips.
Nos encontramos una potencial COMPRA.
Entrada: 1.85067
TP ÚNICO: 1.85555V
Luego de ésto, mantener seguimiento a la acción de precio para poder aprovechar la posible VENTA.
Entrada: 1.85581
TP1: 1.84982 +50
TP2: 1.84448 +100
TP3: 1,83710 +170