girolamoaloe

GBPNZD - Pennant - I sold high in the Supply Levels

FX:GBPNZD   British Pound / New Zealand Dollar
I sold GBPNZD             at ~2.2458 in the supply level and my sell trade is still in running.

The Price Action shows a Pennant Pattern. It is a Continuation Pattern for the bearish trend .

I still keep my sell trade. But of course more time the price spends inside the price range, higher becomes the risk to see a reversal behavior.

What do you expect for this currency?

Thank you

Girolamo Aloe
fib 0,618(2,0600) and fib 0,76(1,9500) levels
Reply
I expect first 2,0600 levels and than 1.9500 level at mid-term..
this level 1,7600- 2.5200 movement's fibonacci retracement levels..
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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