GBPNZD: short plan for a correction Short

British Pound/New Zealand DollarFXCM

Description

⋅ Oct 21, 2017 11:04 PM

Traders,

We saw a very bearish NZDUSD last wk,
and that help GBPNZD to retouch the top
with one signal strong bullish 2 candlesticks.

A correction usually will follow up thats why
we pick a zone for the possiblity of correction of
GBPNZD.

The trade from B is a high RR trade which is
the most valuable standard to our signal, targeting C.
Then , we could plan about long trade for a long term situation.
Less is more!

Comment

⋅ Oct 25, 2017 1:32 AM

GBPNZD is now in the blue zone .
Waiting.

Comment

⋅ Oct 25, 2017 4:01 PM

please dont rush into the short trade.
not a singal ready to short yet.

Comment

⋅ Oct 29, 2017 2:56 PM

some bear sign on the blue zone.
but more need to confirm.

Comments

omidbaran

⋅ Oct 25, 2017 5:50 PM

It's time to buy
Strong trend with 2.17 target

omidbaran

⋅ Oct 24, 2017 11:17 AM

1.9140 best for sell

FUNTRADER-Vera

⋅ Oct 25, 2017 1:32 AM

@omidbaran, could b a possibility.

aumrg

⋅ Oct 21, 2017 11:46 PM

thanks for the analysis!

FUNTRADER-Vera

⋅ Oct 25, 2017 1:32 AM

@aumrg, thank you for your comments.

mrtsq

⋅ Oct 21, 2017 11:45 PM

Can you explain more on your view for this trade?

FUNTRADER-Vera

⋅ Oct 25, 2017 1:32 AM

@mrtsq, its meaning a selling watch zone on the blue zone.

jodijak

⋅ Oct 21, 2017 11:45 PM

Thank you for the analysis!

FUNTRADER-Vera

⋅ Oct 25, 2017 1:33 AM

@jodijak, thank you for your comments.