tntsunrise
Long

GBPNZD INVERSE 1.618 LONG

FX:GBPNZD   British Pound/New Zealand Dollar
2375 20 53
LONG GBPNZD             AT 2.1658
This is a very good place to buy
Previous Structure
Plus Inverse 1.618 EXT
SL: 2.1440
TP: 2.30
Trade active: Trade Active: bought at 2.1650 and 2.1550
Comment: nice reversal, 2.1550 now in money 150 pips
Comment: Continue to rally! breaks new high. Keep the long position
Comment: NOW IS 2.20, +500 PIPS
Comment: Closed Half at 2.20
Comment: now is 2.23, +700 pips
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Trade active right?
Reply
its going down and down :-(
+1 Reply
tntsunrise TOP prashantfx
now is 2.20,
Reply
better to wait for reversal candle like bullish hammer and than go long on 0.5 or 0.618 retracement
Reply
prashantfx kmk.msp
yup right
Reply
Median prashantfx
So is it a good time to long it now? as it closed yesterday below 618.. today it is mostly bullish.. but i'm not sure where should i put my pending order :(
Reply
Nice! I will buy it at 2.153
Reply
but it's have very strong down trend, am I wrong?
Reply
tntsunrise TOP mehmete53307683
that's why the turning point will happen.
Reply
There is AB=CD complete at 2.1439.Right,Sir?
Reply
I bought 2.1549, a bit tighter stop...good call mate.
Reply
bdfxmusfiq IvanLabrie
Where is your sl brother?
Reply
There you go!
Reply
NICE ANALYSIS
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hope that will go over at least 2.24
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yes. it take off
Reply
GREAT ANALYSIS ! Any reversal point ?
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NOT yet.may rally to 2.3
Reply
My view also support your target

GBPNZD Inverse H&S


GBPNZD


kmk.msp
Reply
Thanks for sharing! Nice Chart
Reply
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