CVecchioFX3e
Long

Long GBP/NZD Breakout in Sight

FX:GBPNZD   British Pound/New Zealand Dollar
668 1 9
GBPNZD             may be on the verge of its next leg up in its multi-month channel. The recent consolidation over the past three weeks has resulted in an ascending triangle after an uptrend, a potential bullish continuation pattern.

Long GBPNZD
Entry: 2.4630
Stop: 2.4040 (-590-pips)
Target: 2.5550 (+920-pips) ( ascending triangle measured move)
I agree with you here Chris. I am looking for the next move to be a 3 of iii of (3) which should be a sharp upwards move up

snapshot
+1 Reply
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