FX:GBPNZD   British Pound / New Zealand Dollar
745 6 12
Clear breakout on D1 chart in a descending channel . Pair should continue it's movement until it reaches support at 2.14
I definitely see the logic, but I respectfully disagree. Structure at ~2.16 is enough to carry this out of the channel to the upside.
What kind of structure
Lanmar forexentryideas
Structure at 2.1660.

If it breaks 2.15 I will agree with this trade and go short as well. Until then it may be a difficult battle.
Nice setup
Congratulations! Your chart has been selected to be highlighted as the post of the day! This is a great example of price channel analysis.
forexentryideas walker.england
You should do this more frequently :)
Just kidding, thanks for selecting my chart.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out