GBPNZD: Pound/Kiwi retracement done in 2 days

FX:GBPNZD   British Pound / New Zealand Dollar
The GBPNZD             pair has been in a strong uptrend, and after topping in August 24th, when the stock market bottomed after flash crashing, endured a lengthy correction.
The time for this correction now matches the time the advance took to form, and we're close to a perfect 0.618 retracement of it, which nicely lines up with many time at mode elements suggesting a long is possible in this zone.

I'll be looking to entering intermediate/long term positions around these parts, I expect new longs to enter after new year, and a very strong uptrend aiming for 2.66+ to start soon.
The stop loss for this entry is vital, and can make or break the trade, so I will enter with a few different techniques to attempt to leverage this into a giant home run trade.
For details on the specific position management, entry, exit, and stop loss values we will use, contact me, since I will reserve this for my private trading room.

Good luck!

Ivan Labrie.

Trade active
Comment: Stop at entry price (practically the low)
Comment: Might be wise to rejoin the uptrend.
Comment: Very nice move, I didn't catch it, was in GBPAUD though. I'll rejoin this trend asap.
Nice chart. Would you re-enter the same position?
I am looking for a long entry on this one too. Its a picture perfect ABC correction. Awaiting some clarity for the end of correction though.
IvanLabrie PRO fxmillions
So it seems but I don't want to predict too much. I'll let it prove itself before buying back in.
Great Call as usual, Coach !
Thank you Ivan/ How I contact with you?
IvanLabrie PRO eb0b1852b8a04587a2caaf3b2b02a1
Hi, message me here if you're interested in joining my trading room or mentoring.
ElenaIlina IvanLabrie
Hi Ivan! I've very interested! How can I join please?
IvanLabrie PRO ElenaIlina
Hi, send me a private message for more details please.
Looks good mate, thank you for sharing and all the BEST :)
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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