Fxprotrader
Long

GBPNZD Corrective Structure About to Be Over

FX:GBPNZD   British Pound/New Zealand Dollar
11 months ago
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.
11 months ago
Trade active
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Piet.Hein
11 months ago
Nice idea.
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Fxprotrader TOP Piet.Hein
11 months ago
Thank you mate..!
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Piet.Hein Fxprotrader
11 months ago
:)
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