Price broke past 1.8000 hit the HP then retest 1.8 now I believe price will breakout to the upside and continue the uptrend TP1 $1.8125 (Worse case scenario a head and shoulder pattern forms.)
Happen faster than I thought. 1.16500 tapped. That's amazing!
EU is still respecting the upward trend. Havent been this high since May 2016. could see a small retracement to the 61.8 fib and rocket off to the Daily Resistance of 1.1600. I would be shocked if price drops past 1.14500 Lets see how it plays out tonight for a Long entry.
In my previous post GBPNZD did exactly what I expected to do. This week price got rejected at 1.78750 and dropped at printed at 1.76250. GN is still ranging between 250 pips (QP). Stay tuned for my next post.
Planning for Bullish continuation for GN to trend up and break through 1.78750. If rejected price could drop down to 1.7625. Lets see how the rest of the month plays out. (Monthly and weekly 23.6 fib is at 1.80500)
Huge ass wicks but Bullish bias based off the Double bottom at 1.76750 zone. GBPNZD gives me a headache but I love when I'm right
Break QP.75000 going back down for a Retest then price will continue Bullish for a Long. TP 1 .76200 TP 2 78000. Lets See how this plays out.