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.
Looks good mate, thank you for sharing and all the BEST :)
+1 Reply
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.
Great Call as usual, Coach !
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.
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