Get started
rckh

GBPNZD in a consolidation period, look out for break out

British Pound / New Zealand Dollar (FX:GBPNZD)  
rckh Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Wave Analysis GBPNZD gbpnzdlong gbpnzdshort breakout consolidation
2
0
trendanalysis chartpattern waveanalysis gbpnzd gbpnzdlong gbpnzdshort breakout consolidation
GBPNZD in a consolidation period, look out for break out
Can either set stop entry buy & sell order
or wait for break out and long/short the pullback
Trade active:
snapshot
Apparently it has broke downwards, shorted at the red dotted line
Comment:
snapshot
Price has pulled back, can add on short positions
Comment:
snapshot
It was a false break out, and has formed a new pattern
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.