Fxprotrader
Long

GBPNZD Corrective Structure About to Be Over

FX:GBPNZD   British Pound / New Zealand Dollar
A pending AB=CD pattern is about to be completed with its D point at 0.618 fib level of the previous impulsive upmove. Having this pattern completed we should have the end of the correction of that impulsive wave.

The best way to trade this pattern is to wait for CD wave breakout. Then we can go long with stoploss just below D point wherever it forms ( i will update this post when this setups is completed). Our main profit target is 1.27 of the impulsive wave.
Trade active
Nice idea.
Reply
Thank you mate..!
Reply
Piet.Hein Fxprotrader
:)
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out