clemons7778
Long

GBPNZD Long Off Confluence

FX:GBPNZD   British Pound / New Zealand Dollar
Potential long off confluence of the following:
1. 2014/2015 strong resistance now support
2. Lower trend line of descending daily wedge
3. Most recent range was approximately 800 pips. It broke out of that range
on 2/22/16 and fell another 800 pips this week, completing the breakout pattern
very close to today's low

It should also be noted that the gap from 2/21/16 never closed which is around 2.15000

Long bias with a stop just below 2.06000 and a limit ~ 2.15000
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