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glennmercer

GBPNZD Short: Rising Wedge, Possible Gap Fill

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
glennmercer Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD glennmercer gmercerfx Rising Wedge breakout gap gapfill fib
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gbpnzd glennmercer gmercerfx risingwedge breakout gap gapfill fib
GBPNZD is forming a rising wedge and has broken the low barrier. This is a good opportunity to get short toward the gap fill. Potential SL above point C resistance and TP at the .5 fib around Friday close.
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