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TomKirk

GBPNZD Long

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
TomKirk Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Triangle Moving Averages
1
0
trendanalysis triangle movingaverage
-30 Week, well defined continuation symmetrical triangle
-Upper boundary closely following weekly 200SMA
-Above weekly 50SMA
-Found support daily 200SMA and is now back above 50SMA also

30 basis points planned
Will monitor for a favourable risk/reward entry
Comment:
Will be paying attention to the 50 & 200 SMA as have been pretty responsive
snapshot
Comment:
snapshot
Not exactly trade-able (at least not according to my rules), but I do think this minor cup and handle could see us testing the upper boundary soon
Comment:
Perhaps this is whats occuring
snapshot
Comment:
New interpretation with orders
snapshot
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