Potential Shorting Opportunity

FX:GBPNZD   British Pound / New Zealand Dollar
257 3 5
After the massive bearish move of this pair during the past days, we are now experiencing a retracement and coming back up right at the previous support and trend line resistance is ahead too. RSI is out of OS territory, and there is a good opportunity to get involved for you guys that did not get involved before. We should continue down to the 61.8 Fib at the completion of the harmonic move. Good luck!
Trade closed: target reached: +1170 PIPS
It would be nice if you can clarify on your TL and the Harmonic pattern you are using.
Erfan.Parvini DerekUweri71
Well, by harmonic I meant simple ABCD move. :)
Erfan, good call. I was also bearish on this

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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