GBPNZD-break and close below 2.3000

FX:GBPNZD   British Pound/New Zealand Dollar
1379 19 26
Hello, it seems price is forming a potential ABC pattern so we could expect more downside movement.
Right now price broke the strong level 2.300 and is bouncing from it. We could expect a further decline at least to test last lows.

SL: some pips above 2.300
target 1: last lows
target 2: 2.200 level
target 3: 2.1500 level

Best regards.
Comment: First target hit. SL was clearly above the highs. I will not waste my time answering disrespectful comments.
You shouldn't trade, dude. You make people lose money
+4 Reply
barby73 RomanBeljak
agree with your post Roman
+3 Reply
waqassab RomanBeljak
hey fellow, if u r afraid to loose money, then i think u should not trade... u only just sit and see because u dont have the guts of forex trading. u also have no manners of talking to others.
im following FTT ideas for a long while and he is very good trader.
+1 Reply
BLKS RomanBeljak
Hi, i have some question to ask you. :)
1. Did he force you to enter the trade his post?
2. Have you do your own analysis before entering any trade?
3. Did you post anything before?
4. Have you ever help anyone in here to earn even 1pip?
You should just shut your mouth dude. People who post in here all is their own idea, doesn't mean you must follow what they post. If their post help you ro earn will you give them some of your profit? They are just posting about how they think the market will go. If you disagree with their idea. Tell them what you see by posting your chart for a better explanation. If you just want to blindly follow people chart then don't come and scold people like they are owning you. They doesn't own you anything dude. If you want blindly follow other people idea. Then stop yelling at there, you are so unmature you know?
+2 Reply
2Greedy RomanBeljak
You should put up your own charts then...
NidalDarawsheh RomanBeljak
why you saying that the trade still active, did you see it hit the SL
marcus123 RomanBeljak
the trade went where it was supposed to go?
Please take the time to hit the "PLAY" button on the chart above.
does it going down next week
i made transactions at 2.2945 by 2 lot from 10000 in my account with tp at 2.24 first target.ir seems after clse day below 2.3 it will slightly bearesh for the beginning of us rate
NidalDarawsheh ahmedsa3dy
+1 Reply
Is it going up now !
Is it consolidating for another wave down ?
Hello, yes is expect more downside movement but its tricky to find and entry point now. Lets wait for more price action. There are rate news for the NZD next week so may be we have to wait and look for setups after the news. Regards.
set up start now for down trend to second target 2.18
Fulltime i want to know ur analysis to this week can u put picture!
FullTimeTrader ahmedsa3dy
Hello, i think the decline should continue but its better to wait after the rate news and then look for possible setups.
nl88 PRO FullTimeTrader
It does look very tempting now though. But I guess better to be patient !
Noted ! Thanks :)
Who can imagine what will happen after us fed rate does it going up or down really news not helping me who have idea about what will happen
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