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DonjonCapital

GBPNZD Long. Impulse Wave Continuation.

Long
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
DonjonCapital  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Lines Fibonacci Elliott Wave GBP NZD Triangle diagonaltriangle diagonal elliotwaveanalysis
3
0
trendline fibonacci elliottwaves gbp nzd triangle diagonaltriangle diagonal elliotwaveanalysis
Volatility looks good.
Volume looks good.
Wave/Triangle counts seem legit.
Candlestick patterns have bullish sentiment.

Good spot for a long position? I think so. ~300 pips to my forecasted 'Wave 5' target, which lands right on a low volume node.

Stop loss around 1.92838.
Take profit area shown on chart.
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