TomHall
Short

GBP.NZD - Bearish Cypher 1.9017 & 1.9091

FX:GBPNZD   British Pound / New Zealand Dollar
Currency pair - GBP.NZD
Chart timeframe - 1hr
Area of interest - 1.9017 & 1.9091
Chart pattern - Bearish Cypher

Potential target 1 - 1.8927
Potential target 2 - 1.8873
Potential extended target - 1.8838
Comment: D leg completion at 1.9017
Comment: If you entered at 1.9017 your target 1 should now be attained.

Please note this was not a position i placed, full disclosure.
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It's looking interesting seems like a raid upto 19060, quite a few traders from 18890- 18960 - 100 pips stop loss theory to scare early sellers.
Would be a risky buy holding gbp into weekend pending more Brexit news.
Brucey bonus if it hits 19090 - have a good weekend
Reply
thank you! please share more of your views!
+1 Reply
TomHall TOP fejekejazg
@fejekejazg, My pleasure, i will do my best :-)
Reply
what trade active now?
Reply
@Zuhdi, Not for me personally, i now require more confirmation.
Reply
fistos PRO TomHall
@TomHall, Thanks a lot for your Analysis.For the first time in my life I found simply graphs
Reply
@fistos, My pleasure, i hope it continues to be beneficial.
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