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AdamHong

GBPNZD:Potential Bullish Cypher Pattern and Equidistant Channels

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
AdamHong Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD Cypher Parallel Channel
2
0
gbpnzd cypherpattern parallelchannel
A potential bullish Cypher pattern is completing at about 1.697 levels and the market is moving along the the equidistant channels;meanwhile the price has hit the lower edge of the channel.
So it is good to buy long at 1.697 levels.
SL:below 1.691
TP1:1.704
TP2:1.708 and further more
Trade active:
TP1 reached.
Comment:
TP2 reached.
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