GBPNZD - monthly support - 168 - Long Long

British Pound/New Zealand DollarFXCM

Description

⋅ May 26, 2017 1:39 PM

GBPNZD - monthly support - 168 - Long

If your brave buy here, maybe wait for RSI back from Oversold for a retest.

⋅ May 26, 2017 1:41 PM

Stop below 800 EMA

⋅ May 26, 2017 4:09 PM

reversal zones for next week,
Need some bullish signs for entry
RSI and DIV ++

Comments

Swerver

⋅ May 26, 2017 3:58 PM

AB=CD Confluence noted

Vegapit

⋅ May 26, 2017 2:11 PM

The line between bravery and insanity is usually a very blurry one

Swerver

⋅ May 26, 2017 3:33 PM

@Vegapit, ha true, there is confluence here though, worth watching a few 4Hr bars for a decision

Swerver

⋅ May 26, 2017 3:33 PM

@Swerver, personally I am waiting for monday open

Vegapit

⋅ May 26, 2017 3:57 PM

@Swerver, GBP is a wild horse these days. Anything can happen indeed.

Swerver

⋅ May 26, 2017 3:59 PM

@Vegapit, indeed, lets check it out Monday