Bullish Cypher "above" previous consolidaton channel! ®

FX:EURNZD   Euro / New Zealand Dollar
After leaving the consolidation channel in which the price remained since June17, a possible Cypher showing signs of continued upward movement;

Major trend support broken, tested (and rejected as "RESISTANCE");

Recent trend support already tested and rejected (green arrows);

Point D from advanced pattern synced with recent trend support line;

NOTE: Price action showing BEARS control at lower time frames, which can result in invalidation of this pattern;

Point B - 38.2% 61.8% XA
Point C - 127% 141% ext XA
Point D - 78% XC

Long @D
TP1 38.2% CD
TP2 61.8% CD

Safe trades;
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